Workers' Age and the Impact of Trade Shocks
Do trade shocks affect workers differently because of their age? This paper examines the issue by estimating the lifetime mobility of workers based on the sectors in which they work. Using U.S. data, the paper shows that mobility costs rise with a...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/04/16219615/workers-age-impact-trade-shocks http://hdl.handle.net/10986/6037 |
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okr-10986-60372021-04-23T14:02:24Z Workers' Age and the Impact of Trade Shocks Artuç, Erhan AFFECTED WORKERS AGE GROUP AGE GROUPS AGED WORKERS AGRICULTURE AVERAGE WAGE AVERAGE WAGES CAPITAL INVESTMENTS CAREER COBB-DOUGLAS PRODUCTION FUNCTION COLLEGE EDUCATION COLLEGE GRADUATES CONSUMER PRICE INDEX DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISCOUNTED VALUE DISSERTATION ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC ANALYSIS ECONOMICS RESEARCH EMPLOYMENT OUTCOMES EMPLOYMENT PROSPECTS EQUATIONS EQUILIBRIUM ESTIMATED PARAMETER ESTIMATED PARAMETERS EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES FINANCIAL CRISES FIRM DYNAMICS FREE TRADE GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELS GLOBAL TRADE HIGH WAGES HUMAN CAPITAL IMPLICIT CONTRACTS IMPORT COMPETITION INCOME INCOME INEQUALITY INEXPERIENCED WORKERS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE JOB LOSS JOB MATCH JOB TURNOVER JOBS LABOR ADJUSTMENT LABOR ALLOCATION LABOR ALLOCATIONS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MOBILITY LITERATURE MACROECONOMIC SHOCKS MACROECONOMICS MARGINAL PRODUCT MARKET EQUILIBRIUM MOTIVATION OCCUPATIONAL MOBILITY OCCUPATIONS OPEN ACCESS OPEN ECONOMY OPTIMIZATION OUTPUTS PAPERS PERMANENT JOB POLITICAL ECONOMY PREVIOUS SECTION PRODUCTION FUNCTION PRODUCTION FUNCTIONS REAL WAGE REAL WAGES REGRESSION ANALYSIS RETAIL TRADE RETIREMENT SERVICE SECTOR SKILLED LABOR TRADE ACT TRADE BARRIERS TRADE LABOR TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORMS TRAINING COSTS UNEMPLOYMENT UNSKILLED LABOR UNSKILLED WORKERS UTILITY FUNCTION UTILITY FUNCTIONS WAGE DIFFERENTIALS WAGE INCREASES WAGES WORKER WORKER HETEROGENEITY WORKERS WORLD TRADE WORLD TRADE ORGANIZATION WTO YOUNG WORKERS Do trade shocks affect workers differently because of their age? This paper examines the issue by estimating the lifetime mobility of workers based on the sectors in which they work. Using U.S. data, the paper shows that mobility costs rise with a worker's age and years of experience, but stay the same regardless of his or her education level. In addition, using a general-equilibrium simulation of counterfactual trade-liberalization policies in the metal manufacturing sector, the paper shows that trade shocks affect workers with higher mobility costs more, for both winners and losers of the policy shocks. But the effects taper off over a worker's lifetime, especially when they are close to retirement. 2012-04-27T07:44:14Z 2012-04-27T07:44:14Z 2012-04 http://documents.worldbank.org/curated/en/2012/04/16219615/workers-age-impact-trade-shocks http://hdl.handle.net/10986/6037 English Policy Research Working Paper ; No. 6035 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AFFECTED WORKERS AGE GROUP AGE GROUPS AGED WORKERS AGRICULTURE AVERAGE WAGE AVERAGE WAGES CAPITAL INVESTMENTS CAREER COBB-DOUGLAS PRODUCTION FUNCTION COLLEGE EDUCATION COLLEGE GRADUATES CONSUMER PRICE INDEX DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISCOUNTED VALUE DISSERTATION ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC ANALYSIS ECONOMICS RESEARCH EMPLOYMENT OUTCOMES EMPLOYMENT PROSPECTS EQUATIONS EQUILIBRIUM ESTIMATED PARAMETER ESTIMATED PARAMETERS EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES FINANCIAL CRISES FIRM DYNAMICS FREE TRADE GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELS GLOBAL TRADE HIGH WAGES HUMAN CAPITAL IMPLICIT CONTRACTS IMPORT COMPETITION INCOME INCOME INEQUALITY INEXPERIENCED WORKERS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE JOB LOSS JOB MATCH JOB TURNOVER JOBS LABOR ADJUSTMENT LABOR ALLOCATION LABOR ALLOCATIONS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MOBILITY LITERATURE MACROECONOMIC SHOCKS MACROECONOMICS MARGINAL PRODUCT MARKET EQUILIBRIUM MOTIVATION OCCUPATIONAL MOBILITY OCCUPATIONS OPEN ACCESS OPEN ECONOMY OPTIMIZATION OUTPUTS PAPERS PERMANENT JOB POLITICAL ECONOMY PREVIOUS SECTION PRODUCTION FUNCTION PRODUCTION FUNCTIONS REAL WAGE REAL WAGES REGRESSION ANALYSIS RETAIL TRADE RETIREMENT SERVICE SECTOR SKILLED LABOR TRADE ACT TRADE BARRIERS TRADE LABOR TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORMS TRAINING COSTS UNEMPLOYMENT UNSKILLED LABOR UNSKILLED WORKERS UTILITY FUNCTION UTILITY FUNCTIONS WAGE DIFFERENTIALS WAGE INCREASES WAGES WORKER WORKER HETEROGENEITY WORKERS WORLD TRADE WORLD TRADE ORGANIZATION WTO YOUNG WORKERS |
| spellingShingle |
AFFECTED WORKERS AGE GROUP AGE GROUPS AGED WORKERS AGRICULTURE AVERAGE WAGE AVERAGE WAGES CAPITAL INVESTMENTS CAREER COBB-DOUGLAS PRODUCTION FUNCTION COLLEGE EDUCATION COLLEGE GRADUATES CONSUMER PRICE INDEX DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISCOUNTED VALUE DISSERTATION ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC ANALYSIS ECONOMICS RESEARCH EMPLOYMENT OUTCOMES EMPLOYMENT PROSPECTS EQUATIONS EQUILIBRIUM ESTIMATED PARAMETER ESTIMATED PARAMETERS EXPECTED UTILITY EXPECTED VALUE EXPECTED VALUES FINANCIAL CRISES FIRM DYNAMICS FREE TRADE GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELS GLOBAL TRADE HIGH WAGES HUMAN CAPITAL IMPLICIT CONTRACTS IMPORT COMPETITION INCOME INCOME INEQUALITY INEXPERIENCED WORKERS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE JOB LOSS JOB MATCH JOB TURNOVER JOBS LABOR ADJUSTMENT LABOR ALLOCATION LABOR ALLOCATIONS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MOBILITY LITERATURE MACROECONOMIC SHOCKS MACROECONOMICS MARGINAL PRODUCT MARKET EQUILIBRIUM MOTIVATION OCCUPATIONAL MOBILITY OCCUPATIONS OPEN ACCESS OPEN ECONOMY OPTIMIZATION OUTPUTS PAPERS PERMANENT JOB POLITICAL ECONOMY PREVIOUS SECTION PRODUCTION FUNCTION PRODUCTION FUNCTIONS REAL WAGE REAL WAGES REGRESSION ANALYSIS RETAIL TRADE RETIREMENT SERVICE SECTOR SKILLED LABOR TRADE ACT TRADE BARRIERS TRADE LABOR TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORMS TRAINING COSTS UNEMPLOYMENT UNSKILLED LABOR UNSKILLED WORKERS UTILITY FUNCTION UTILITY FUNCTIONS WAGE DIFFERENTIALS WAGE INCREASES WAGES WORKER WORKER HETEROGENEITY WORKERS WORLD TRADE WORLD TRADE ORGANIZATION WTO YOUNG WORKERS Artuç, Erhan Workers' Age and the Impact of Trade Shocks |
| relation |
Policy Research Working Paper ; No. 6035 |
| description |
Do trade shocks affect workers
differently because of their age? This paper examines the
issue by estimating the lifetime mobility of workers based
on the sectors in which they work. Using U.S. data, the
paper shows that mobility costs rise with a worker's
age and years of experience, but stay the same regardless of
his or her education level. In addition, using a
general-equilibrium simulation of counterfactual
trade-liberalization policies in the metal manufacturing
sector, the paper shows that trade shocks affect workers
with higher mobility costs more, for both winners and losers
of the policy shocks. But the effects taper off over a
worker's lifetime, especially when they are close to retirement. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Artuç, Erhan |
| author_facet |
Artuç, Erhan |
| author_sort |
Artuç, Erhan |
| title |
Workers' Age and the Impact of
Trade Shocks |
| title_short |
Workers' Age and the Impact of
Trade Shocks |
| title_full |
Workers' Age and the Impact of
Trade Shocks |
| title_fullStr |
Workers' Age and the Impact of
Trade Shocks |
| title_full_unstemmed |
Workers' Age and the Impact of
Trade Shocks |
| title_sort |
workers' age and the impact of
trade shocks |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/04/16219615/workers-age-impact-trade-shocks http://hdl.handle.net/10986/6037 |
| _version_ |
1764397192342142976 |