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Displaying results 1 to 5 of 5.

  1. Are trade wars class wars?
    the importance of trade-induced horizontal inequality
    Author: Borusyak, Kirill; Jaravel, Xavier
    Published: [2022]
    Publisher:  Institute for Fiscal Studies, [London]

    What is the nature of the distributional effects of trade? This paper demonstrates conceptually and empirically the importance of “trade-induced horizontal inequality,” i.e. inequality brought about by trade shocks that occurs among workers with the... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 141
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    What is the nature of the distributional effects of trade? This paper demonstrates conceptually and empirically the importance of “trade-induced horizontal inequality,” i.e. inequality brought about by trade shocks that occurs among workers with the same level of earnings prior to the shock. While this type of inequality does not affect the income distribution, it generates winners and losers at all income levels and may thus affect political support for trade policy. To quantify the horizontal inequality and changes in the income distribution induced by trade in a data-driven way, we develop a characterization of the welfare impacts, governed by simple and intuitive statistics of labor market and consumption exposure to trade. This characterization holds in a class of quantitative trade models allowing for a broad set of preferences, including non-homothetic, and production functions. Taking this framework to U.S. data, we find substantial heterogeneity in exposure and thus in the welfare effects of trade shocks across workers, with horizontal inequality as the dominant force. Over 99% of the variance of welfare changes from trade shocks arise within income deciles, rather than across. This finding runs against a popular narrative that “trade wars are class wars.”

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284204
    Series: Working paper / lnstitute for Fiscal Studies ; 22, 34
    Subjects: Trade liberalization; Distributional effects; Inequality
    Scope: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  2. Empowered young women
    trade liberalization and women's family decisions in China
    Author: Zi, Yuan; Ouyang, Difei; Yuan, Weidi
    Published: 25 October 2022
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Location:
    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP17607
    Subjects: Trade liberalization; Gender inequality; Family decisions; Chinese economy
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  3. Trade liberalization and the wage premium
    evidence from Thai manufacturing
    Author: Juthathip Jongwanich
    Published: [2022]
    Publisher:  [Faculty of Economics, Thammasat University], [Bangkok]

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper series / Faculty of Economics, Thammasat University ; no. 74 (May 30, 2022)
    Subjects: Trade liberalization; labour market outcomes; Thailand
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  4. Strategic exporting in an international oligopoly
    Author: Takauchi, Kazuhiro; Mizuno, Tomomichi
    Published: [2022]
    Publisher:  Graduate School of Economics, Kobe University, Rokko, Kobe, Japan

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    Source: Union catalogues
    Language: English
    Media type: Book
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    Series: Discussion paper / [Graduate School of Economics, Kobe University] ; no. 22, 16 (December 2022)
    Subjects: Exporting; Fixed export cost; Transport cost; Trade liberalization; Oligopoly
    Scope: 1 Online-Ressource (circa 12 Seiten), Illustrationen
  5. Antidumping on tax-induced dumping
    Author: Mukunoki, Hiroshi; Okoshi, Hirofumi
    Published: [2022]
    Publisher:  RIETI, [Tokyo, Japan]

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: RIETI discussion paper series ; 22-E, 063 (July 2022)
    Subjects: Transfer pricing; Anti-dumping; Trade liberalization
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen