Adjusting to Trade Liberalization: Reallocation and Labor Market Policies. by Kerem Cosar
|
|
|
- Ami Douglas
- 6 years ago
- Views:
Transcription
1 Adjusting to Trade Liberalization: Reallocation and Labor Market Policies by Kerem Cosar Discussion by Cecilia Fieler University of Pennsylvania Cecilia Fieler () Adjusting to Trade Liberalization May / 17
2 Introduction Cosar presents an open economy model to study labor reallocation dynamics following trade liberalization. The model aims to capture three features of the data: 1 Slow net absorption of labor into comparative advantage sectors. 2 Workers who move sectors have longer unemployment spells and higher wage losses. 3 Older workers face a higher risk of not finding reemployment after displacement. The paper well organized. The model is parsimonious and clearly presented. Cecilia Fieler () Adjusting to Trade Liberalization May / 17
3 Trade Liberalization Trade liberalization decreases the domestic price of the comparative disadvantage sector: p d = (p 1, p 2 (1 + τ)). It decreases the profitability of sector 2, i.e., it increases threshold z 2t (h, g). Existing partnerships are broken in sector 2, and fewer firms post vacancies in sector 2. This decreases workers outside option, which in turn increases threshold z 2t (h, g). More firms post vacancies in sector 1, and more partnerships are formed. Young and old are differently affected Partnerships with the young in sector 2 are more likely to be broken because they have low h 2. Old workers who switch from sector 2 to 1 are more likely to experience larger wage losses because the difference between h 2 and h 1 tends to be larger for the old. Cecilia Fieler () Adjusting to Trade Liberalization May / 17
4 Why do workers become old? Young agents face a probability δ a of becoming old, and the old face a probability δ m of dying. Young agents have less experience (endogenous) a lower probability of death (exogenous), a higher probability of involuntary job destruction (exogenous, calibration). These three features give the young have more incentives to move across sectors after a trade liberalization. They have higher job destruction rates, and the lower probability of death increases their willingness to learn in the new hot sector. Cecilia Fieler () Adjusting to Trade Liberalization May / 17
5 Calibrating to the Brazilian trade liberalization experience Cosar calibrates the model to the Brazilian data, and looks at the transition dynamics in exports, unemployment and output. He performs counterfactual simulations, and concludes that Brazil would have done better with a targeted unemployment policy. In 1990, under the Collor administration, Brazil removed all its non-tariff barriers to trade. Between 1987 and 1995 tariff barriers decreased from 63% to 11%. Decreases were concentrated in the Collor administration ( ). Cecilia Fieler () Adjusting to Trade Liberalization May / 17
6 My plan Look at the evolution of exports, unemployment and output from Other reforms: Policies aimed at curbing inflation. Evidence on reallocation within and across sectors using trade data. Cecilia Fieler () Adjusting to Trade Liberalization May / 17
7 Exports/GDP Cecilia Fieler () Adjusting to Trade Liberalization May / 17
8 Exports/GDP and real exchange rates Cecilia Fieler () Adjusting to Trade Liberalization May / 17
9 Unemployment Menezes Filho and Muendler (2007) find that sector differences in tariffs are associated with transitions to the informal sector. Cecilia Fieler () Adjusting to Trade Liberalization May / 17
10 Output Note: The model predicts an initial sharp drop in GDP. Cecilia Fieler () Adjusting to Trade Liberalization May / 17
11 Other changes: Inflation combating policies Cecilia Fieler () Adjusting to Trade Liberalization May / 17
12 Other changes: Inflation combating policies Note: The correlation between inflation and unemployment is (0.03), and of exports/gdp and unemployment is 0.44 (0.04). Cecilia Fieler () Adjusting to Trade Liberalization May / 17
13 Within versus across product reallocation Cecilia Fieler () Adjusting to Trade Liberalization May / 17
14 Lorenz curves for imports and exports The distribution of imports and exports is more concentrated in 1987 than in (The figure excludes oil) Cecilia Fieler () Adjusting to Trade Liberalization May / 17
15 Sectors with increases in exports Cecilia Fieler () Adjusting to Trade Liberalization May / 17
16 Manufacturing sectors with increases in exports Cecilia Fieler () Adjusting to Trade Liberalization May / 17
17 Manufacturing sectors with increases in imports Cecilia Fieler () Adjusting to Trade Liberalization May / 17
The Effects of Trade Policy: A Global Perspective
The Effects of Trade Policy: A Global Perspective Nina Pavcnik Dartmouth College and NBER Conference on Firms, Trade and Development Stanford Center on Global Poverty and Development December 6, 2018 Public
Notes on exam in International Economics, 16 January, Answer the following five questions in a short and concise fashion: (5 points each)
Question 1. (25 points) Notes on exam in International Economics, 16 January, 2009 Answer the following five questions in a short and concise fashion: (5 points each) a) What are the main differences between
Labor Market Adjustments to Trade with China: The Case of Brazil
Labor Market Adjustments to Trade with China: The Case of Brazil Peter Brummund Laura Connolly University of Alabama July 26, 2018 Abstract Many countries continue to integrate into the world economy,
Productivity, Output, and Unemployment in the Short Run. Productivity, Output, and Unemployment in the Short Run
Technological Progress, Wages, and Unemployment 1 Technological Progress, Wages, and Unemployment There are optimistic and pessimistic views of technological progress. Technological unemployment a concept
Economics Honors Exam 2009 Solutions: Macroeconomics, Questions 6-7
Economics Honors Exam 2009 Solutions: Macroeconomics, Questions 6-7 Question 6 (Macroeconomics, 30 points). Please answer each question below. You will be graded on the quality of your explanation. a.
Chapter 4 Specific Factors and Income Distribution
Chapter 4 Specific Factors and Income Distribution Chapter Organization Introduction The Specific Factors Model International Trade in the Specific Factors Model Income Distribution and the Gains from
International Trade Theory College of International Studies University of Tsukuba Hisahiro Naito
International Trade Theory College of International Studies University of Tsukuba Hisahiro Naito The specific factors model allows trade to affect income distribution as in H-O model. Assumptions of the
Online Appendices for Moving to Opportunity
Online Appendices for Moving to Opportunity Chapter 2 A. Labor mobility costs Table 1: Domestic labor mobility costs with standard errors: 10 sectors Lao PDR Indonesia Vietnam Philippines Agriculture,
Cambridge International Examinations Cambridge International General Certificate of Secondary Education
Cambridge International Examinations Cambridge International General Certificate of Secondary Education *9508904847* ECONOMICS 0455/21 Paper 2 Structured Questions October/November 2015 No Additional Materials
10/11/2017. Chapter 6. The graph shows that average hourly earnings for employees (and selfemployed people) doubled since 1960
Chapter 6 1. Discuss three US labor market trends since 1960 2. Use supply and demand to explain the labor market 3. Use supply and demand to explain employment and real wage trends since 1960 4. Define
Professor Christina Romer. LECTURE 12 RISING INEQUALITY March 5, 2019
Economics 2 Spring 2019 Professor Christina Romer Professor David Romer LECTURE 12 RISING INEQUALITY March 5, 2019 I. OVERVIEW OF RISING INEQUALITY A. Types of income and rising income inequality B. Reasons
Market failure in labour markets
Market failure in labour markets Monopsony This occurs when there is just one buyer of labour in a market, or if the firm has substantial market power in employing workers. Diagram of Monopsony The marginal
The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding
The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding Discussant: Clare Balboni London School of Economics 21 May 2015 Clare Balboni IGC Cities Conference 21 May 2015 1 /
The Challenges of Global Trade: Globalization or Fragmentation? Dany Bahar, PhD The Brookings Institution
The Challenges of Global Trade: Globalization or Fragmentation? Dany Bahar, PhD The Brookings Institution The city of Pittsburgh, and the State of Pennsylvania, have lost one-third of their manufacturing
Chapter 4: Specific Factors and
Chapter 4: Specific Factors and Income Distribution Chapter Organization Introduction The Specific Factors Model International Trade in the Specific Factors Model Income Distribution and the Gains from
AFTA as Real Free trade Area
1 Executive Summary AFTA as Real Free trade Area Submitted to Department of Business Economics Ministry of Commerce By Kwanjai Sothitorn Nualnoi Pongsa Arunsmith Mallikamas Treerat Pornchaiwiseskul January
Benefits and costs of free trade for less developed countries
Benefits and costs of free trade for less developed countries Nina PAVCNIK Trade liberalization seems to have increased growth and income in developing countries over the past thirty years, through lower
Module 5 Review Guide
Module 5 1 of 5 Module 5 Review Guide Economist Adam Smith Karl Marx John Maynard Keynes Beliefs/Ideologies... o Laissez-faire No government intervention. o Let the market work on its own. o Individuals
The China Syndrome. Local Labor Market Effects of Import Competition in the United States. David H. Autor, David Dorn, and Gordon H.
The China Syndrome Local Labor Market Effects of Import Competition in the United States David H. Autor, David Dorn, and Gordon H. Hanson AER, 2013 presented by Federico Curci April 9, 2014 Autor, Dorn,
Preferential Trade Agreements and the Labor Market Emanuel Ornelas
Preferential Trade Agreements and the Labor Market Emanuel Ornelas Abstract Labor market consequences are at the forefront of most debates on the merits of trade liberalization. Preferential trade agreements
Can free-trade policies help to reduce gender inequalities in employment and wages?
Janneke Pieters Wageningen University, the Netherlands, and IZA, Germany Trade liberalization and gender inequality Can free-trade policies help to reduce gender inequalities in employment and wages? Keywords:
Trade, informality and employment in a lowincome country: The case of Vietnam
Trade, informality and employment in a lowincome country: The case of Vietnam Brian McCaig Wilfrid Laurier University G-24 Special Workshop on Growth and Reducing Inequality September 5, 2017 Trade and
Making Trade Globalization Inclusive. Joseph E. Stiglitz ASSA Meetings Philadelphia January 2018
Making Trade Globalization Inclusive Joseph E. Stiglitz ASSA Meetings Philadelphia January 2018 Should have expected that trade globalization would have hurt unskilled workers in US and other advanced
Introduction and Overview
17 Introduction and Overview In many parts of the world, this century has brought about the most varied forms of expressions of discontent; all of which convey a desire for greater degrees of social justice,
Rural-urban Migration and Minimum Wage A Case Study in China
Rural-urban Migration and Minimum Wage A Case Study in China Yu Benjamin Fu 1, Sophie Xuefei Wang 2 Abstract: In spite of their positive influence on living standards and social inequality, it is commonly
CENTRO STUDI LUCA D AGLIANO DEVELOPMENT STUDIES WORKING PAPERS N April Export Growth and Firm Survival
WWW.DAGLIANO.UNIMI.IT CENTRO STUDI LUCA D AGLIANO DEVELOPMENT STUDIES WORKING PAPERS N. 350 April 2013 Export Growth and Firm Survival Julian Emami Namini* Giovanni Facchini** Ricardo A. López*** * Erasmus
Migration and Employment Interactions in a Crisis Context
Migration and Employment Interactions in a Crisis Context the case of Tunisia Anda David Agence Francaise de Developpement High Level Conference on Global Labour Markets OCP Policy Center Paris September
DOI: / Industrial Shift
Industrial Shift Also by Joe Atikian CUBA UNDER EMBARGO: The Macro Impact SAVING MONEY: The Missing Link Industrial Shift: The Structure of the New World Economy Joe Atikian industrial shift Copyright
Professor Christina Romer. LECTURE 14 RISING INEQUALITY March 6, 2018
Economics 2 Spring 2018 Professor Christina Romer Professor David Romer LECTURE 14 RISING INEQUALITY March 6, 2018 I. OVERVIEW OF RISING INEQUALITY A. Types of income and rising income inequality B. Reasons
The gendered labor market impacts of trade liberalization: evidence from Brazil * Isis Gaddis The World Bank
The gendered labor market impacts of trade liberalization: evidence from Brazil * Isis Gaddis The World Bank Janneke Pieters ** Wageningen University and IZA Abstract This paper investigates the impact
The Impact of Decline in Oil Prices on the Middle Eastern Countries
The Impact of Decline in Oil Prices on the Middle Eastern Countries Dr. Shah Mehrabi Professor of Economics Montgomery College Senior Economic Consultant and Member of the Supreme Council of the Central
International Trade 31E00500, Spring 2017
International Trade 31E00500, Spring 2017 Lecture 10: O shoring, Import Competition and Labor Markets Katariina Nilsson Hakkala February 2nd, 2017 Nilsson Hakkala (Aalto and VATT) Internalization, O shoring
The Effect of International Trade on Wages of Skilled and Unskilled Workers: Evidence from Brazil
The Effect of International Trade on Wages of Skilled and Unskilled Workers: Evidence from Brazil Aris Bijleveld E-mail: 336250ab@student.eur.nl June, 2011 ERASMUS UNIVERSITY ROTTERDAM Erasmus School of
Economies of South Africa & Nigeria
Economies of South Africa & Nigeria Essential Question How do the African economies of South Africa and Nigeria compare and contrast? I CAN Explain how the African economies of South Africa and Nigeria
SUMMARY LABOUR MARKET CONDITIONS POPULATION AND LABOUR FORCE. UNRWA PO Box Sheikh Jarrah East Jerusalem
UNRWA PO Box 19149 Sheikh Jarrah East Jerusalem +97225890400 SUMMARY The Gaza labour market in secondhalf 2010 (H2 2010) showed growth in employment and unemployment relative to H2 2009. Comparing H1 and
International trade in the global economy. 60 hours II Semester. Luca Salvatici
International trade in the global economy 60 hours II Semester Luca Salvatici luca.salvatici@uniroma3.it Lesson 14: Migration International Trade: Economics and Policy 2017-18 1 Data on world migration
MADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth
MADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth For at least the last century, manufacturing has been one of the most important sectors of the U.S. economy. Even as we move increasingly
Mexico s Update Global Spa & Wellness Summit. Aspen, CO June 4, 2012
Mexico s Update 2012 Global Spa & Wellness Summit Aspen, CO June 4, 2012 Macroeconomic Fundamentals Maastricht criteria ( 3% of GDP) Debt and deficit in 2011 Maastricht criteria ( 60% of GDP) Source: Bloomberg,
International Economics Day 2. Douglas J Young Professor Emeritus MSU
International Economics Day 2 Douglas J Young Professor Emeritus MSU djyoung@montana.edu Goals/Schedule 1. How does International Trade affect Jobs, Wages and the Cost of Living? 2. How Do Trade Barriers
Operationalising Pro- Poor Growth. A Country Case Study on Brazil
Operationalising Pro- Poor Growth A joint initiative of AFD, BMZ (GTZ, KfW Development Bank), DFID, and the World Bank A Country Case Study on Brazil Naércio Menezes-Filho and Ligia Vasconcellos October
African Regional integrations and the challenges of globalization
African Regional integrations and the challenges of globalization Patrick Plane Research Director at CNRS, CERDI-FERDI, UCA African Strategic Consultative Committee Total, Paris, 12 October 2017 Regional
Lessons from Europe s internal
Lessons from Europe s internal market for TTIP Prof. Gabriel Felbermayr, PhD Ludwig Maximilians Universität München The Transatlantic Trade and Investment Pact (TTIP) Bruegel, Brussels, July 18, 2013 Ifo
ECONOMICS 0455/02. Paper 2 Structured Questions For examination from 2020
Cambridge IGCSE ECONOMICS 0455/02 Paper 2 Structured Questions For examination from 2020 SPECIMEN PAPER 2 hours 15 minutes *0123456789* You must answer on the enclosed answer booklet. You will need: Answer
Research Report. How Does Trade Liberalization Affect Racial and Gender Identity in Employment? Evidence from PostApartheid South Africa
International Affairs Program Research Report How Does Trade Liberalization Affect Racial and Gender Identity in Employment? Evidence from PostApartheid South Africa Report Prepared by Bilge Erten Assistant
Labour Market Reform, Rural Migration and Income Inequality in China -- A Dynamic General Equilibrium Analysis
Labour Market Reform, Rural Migration and Income Inequality in China -- A Dynamic General Equilibrium Analysis Yinhua Mai And Xiujian Peng Centre of Policy Studies Monash University Australia April 2011
Where have all the Wages Gone?
Where have all the Wages Gone? Jobs and Wages in 2006 Arindrajit Dube, PhD Dave Graham-Squire Center for Labor Research and Education (Institute of Industrial Relations) UC Berkeley August 29, 2006 Profits
6/4/2009. The Labor Market, Income, and Poverty. Microeconomics: Principles, Applications, and Tools O Sullivan, Sheffrin, Perez 6/e.
1 of 37 2 of 37 Income, and Poverty Recent reports on the earnings of college graduates have made the jobs of college recruiters easier. P R E P A R E D B Y FERNANDO QUIJANO, YVONN QUIJANO, AND XIAO XUAN
Growth in Open Economies, Schumpeterian Models
Growth in Open Economies, Schumpeterian Models by Elias Dinopoulos (University of Florida) elias.dinopoulos@cba.ufl.edu Current Version: November 2006 Kenneth Reinert and Ramkishen Rajan (eds), Princeton
The Implications of New Brunswick s Population Forecasts
The Implications of New Brunswick s Post-Secondary Education, Training and Labour September 2017 In spring 2017, two papers (i) New Brunswick Population Snapshot and (ii) Small Area Population Forecasts
International Trade: Lecture 5
International Trade: Lecture 5 Alexander Tarasov Higher School of Economics Fall 2016 Alexander Tarasov (Higher School of Economics) International Trade (Lecture 5) Fall 2016 1 / 24 Trade Policies Chapters
The Labor Market Effects of Reducing Undocumented Immigrants
The Labor Market Effects of Reducing Undocumented Immigrants Andri Chassamboulli (University of Cyprus) Giovanni Peri (University of California, Davis) February, 14th, 2014 Abstract A key controversy in
CH 19. Name: Class: Date: Multiple Choice Identify the choice that best completes the statement or answers the question.
Class: Date: CH 19 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. In the United States, the poorest 20 percent of the household receive approximately
The Demography of the Labor Force in Emerging Markets
The Demography of the Labor Force in Emerging Markets David Lam I. Introduction This paper discusses how demographic changes are affecting the labor force in emerging markets. As will be shown below, the
ARTNeT Trade Economists Conference Trade in the Asian century - delivering on the promise of economic prosperity rd September 2014
ASIA-PACIFIC RESEARCH AND TRAINING NETWORK ON TRADE ARTNeT CONFERENCE ARTNeT Trade Economists Conference Trade in the Asian century - delivering on the promise of economic prosperity 22-23 rd September
Services Trade Liberalization between the European Union and Africa Caribbean and Pacific Countries: A Dynamic Approach
Services Trade Liberalization between the European Union and Africa Caribbean and Pacific Countries: A Dynamic Approach by Manitra A. Rakotoarisoa Selected Paper for the 20th Annual Conference on Global
Study. Importance of the German Economy for Europe. A vbw study, prepared by Prognos AG Last update: February 2018
Study Importance of the German Economy for Europe A vbw study, prepared by Prognos AG Last update: February 2018 www.vbw-bayern.de vbw Study February 2018 Preface A strong German economy creates added
Search and Cross Country. Analyses of Unemployment
Search and Cross Country Analyses of Unemployment 1 Previous sections focused on business cycle fluctuations. This section focuses on low frequency changes in labor market outcomes. Most of the search
Trading Goods or Human Capital
Trading Goods or Human Capital The Winners and Losers from Economic Integration Micha l Burzyński, Université catholique de Louvain, IRES Poznań University of Economics, KEM michal.burzynski@uclouvain.be
LEVERAGING DEMOGRAPHIC CHANGE ACROSS COUNTRIES: POLICY PRIORITIES
LEVERAGING DEMOGRAPHIC CHANGE ACROSS COUNTRIES: POLICY PRIORITIES GLOBAL MONITORING REPORT 2015/2016 - WHAT DOES IT MEAN FOR OPERATIONS? OCTOBER 29, 2015 WASHINGTON DC MARYLA MALISZEWSKA DEVELOPMENT PROSPECTS
ADJUSTMENT TO TRADE POLICY IN DEVELOPING COUNTRIES
ADJUSTMENT TO TRADE POLICY IN DEVELOPING COUNTRIES Gordon H. Hanson UC San Diego and NBER July 2009 1 INTRODUCTION How do developing countries adjust to changes in trade policy? Until the last decade,
Trade Liberalization and Pro-Poor Growth in South Africa. By James Thurlow
Trade Liberalization and Pro-Poor Growth in South Africa By James Thurlow 2006 Disclaimer Funding for this project was provided by the UK Department for International Development (through RTFP and the
POLICY BRIEF One Summer Chicago Plus: Evidence Update 2017
POLICY BRIEF One Summer Chicago Plus: Evidence Update 2017 SUMMARY The One Summer Chicago Plus (OSC+) program seeks to engage youth from the city s highest-violence areas and to provide them with a summer
IMPACT OF GLOBALIZATION ON POVERTY: CASE STUDY OF PAKISTAN
Romain Pison Prof. Kamal NYU 03/20/06 NYU-G-RP-A1 IMPACT OF GLOBALIZATION ON POVERTY: CASE STUDY OF PAKISTAN INTRODUCTION The purpose of this paper is to examine the effect of globalization in Pakistan
Comment on Jacques He Dreze and Henri Sneessens: Technical Development, Competition from Low-Wage Economies and Low-Skilled Unemployment.
SWEDISH ECONOMIC. POLICY REVIEW 1 (1994) 215-219 Comment on Jacques He Dreze and Henri Sneessens: Technical Development, Competition from Low-Wage Economies and Low-Skilled Unemployment Harry Fiarn* I
Cleavages in Public Preferences about Globalization
3 Cleavages in Public Preferences about Globalization Given the evidence presented in chapter 2 on preferences about globalization policies, an important question to explore is whether any opinion cleavages
title, Routledge, September 2008: 234x156:
Trade Policy, Inequality and Performance in Indian Manufacturing Kunal Sen IDPM, University of Manchester Presentation based on my book of the same title, Routledge, September 2008: 234x156: 198pp, Hb:
Explanations of Slow Growth in Productivity and Real Wages
Explanations of Slow Growth in Productivity and Real Wages America s Greatest Economic Problem? Introduction Slow growth in real wages is closely related to slow growth in productivity. Only by raising
Trade and Inequality: From Theory to Estimation
Trade and Inequality: From Theory to Estimation Elhanan Helpman, Harvard and CIFAR Oleg Itskhoki, Princeton Marc Muendler, UCSD Stephen Redding, Princeton December 2012 HIMR (Harvard, Princeton, UCSD and
The Gendered Labor Market Impacts of Trade Liberalization
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 7095 The Gendered Labor Market Impacts of Trade Liberalization
NBER WORKING PAPER SERIES THE LABOR MARKET EFFECTS OF REDUCING THE NUMBER OF ILLEGAL IMMIGRANTS. Andri Chassamboulli Giovanni Peri
NBER WORKING PAPER SERIES THE LABOR MARKET EFFECTS OF REDUCING THE NUMBER OF ILLEGAL IMMIGRANTS Andri Chassamboulli Giovanni Peri Working Paper 19932 http://www.nber.org/papers/w19932 NATIONAL BUREAU OF
THE WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN BUSINESS SCHOOL
THE WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN BUSINESS SCHOOL Job Growth in Early Transition: Comparing Two Paths By: Štĕpán Jurajda and Katherine Terrell William Davidson Working Paper
Population Change and Public Health Exercise 8A
Population Change and Public Health Exercise 8A 1. The denominator for calculation of net migration rate is A. Mid year population of the place of destination B. Mid year population of the place of departure
Trade liberalization and gender inequality
JANNEKE PIETERS Wageningen University, the Netherlands, IZA, Germany Trade liberalization and gender inequality Can free-trade policies help to reduce gender inequalities in employment and wages? Keywords:
ECON 141 Ch. 2 Dr. Mohammed Alwosabi
Notes on Chapter 2 POPULATION SURVEY AND LABOR MARKET Dr. Mohammed Alwosabi BUSINESS CYCLE: As mentioned before, we study macroeconomics to describe, analyze, and predict the economic activity. But economic
CHAPTER 18: ANTITRUST POLICY AND REGULATION
CHAPTER 18: ANTITRUST POLICY AND REGULATION The information in Chapter 18, while important, is only tested on the AP economics exam in the context of monopolies as discussed in Chapter 10. The important
WILL CHINA S SLOWDOWN BRING HEADWINDS OR OPPORTUNITIES FOR EUROPE AND CENTRAL ASIA?
ECA Economic Update April 216 WILL CHINA S SLOWDOWN BRING HEADWINDS OR OPPORTUNITIES FOR EUROPE AND CENTRAL ASIA? Maurizio Bussolo Chief Economist Office and Asia Region April 29, 216 Bruegel, Brussels,
Making Trade Work for Jobs
Making Trade Work for Jobs Dipak Dasgupta The World Bank MDF4 Amman, October 8, 22 The Employment Challenge in MENA: Unemployment high and rising Unemployment rates in MENA region are among the highest
Conflicts in Government Policy Objectives
Conflicts in Government Policy Objectives Policy Objectives Economic Objectives: Unemployment/Employment Inflation Economic Growth Balance of Payments Policy Objectives Non-economic Objectives: Poverty
What are the potential benefits and pitfalls of a free trade area in the Southern African region
Development Policy Research Unit University of Cape Town What are the potential benefits and pitfalls of a free trade area in the Southern African region DPRU Policy Brief No. 01/P8 February 2001 DPRU
The Labor Market Effects of Reducing Undocumented Immigrants
The Labor Market Effects of Reducing Undocumented Immigrants Andri Chassamboulli (University of Cyprus) Giovanni Peri (University of California, Davis) February, 14th, 2014 Abstract A key controversy in
1. Define GDP. The market value of all final goods and services produced within a nation in a given time period
Economics 1. Define GDP. The market value of all final goods and services produced within a nation in a given time period 2. GDP represents the aggregate or the whole economy. 3. List the 4 components
Wage inequality and skill premium
Lecture 4d: Wage inequality and skill premium Thibault FALLY C181 International Trade Spring 2018 (Continuation of chapter 4) Skilled vs. unskilled labor As mentioned earlier, we can reinterpret HO model
Discovering the signs of Dutch disease in Russia Mironov, Petronevich 2013 National Research University Higher School of Economics Institute
Discovering the signs of Dutch disease in Russia Mironov, Petronevich 2013 National Research University Higher School of Economics Institute Development Center Paris School of Economics, Paris 1 Panthéon-Sorbonne
Cambridge International Examinations Cambridge International General Certificate of Secondary Education
Cambridge International Examinations Cambridge International General Certificate of Secondary Education *1241019445* ECONOMICS 0455/22 Paper 2 Structured Questions October/November 2015 No Additional Materials
Introduction [to Imports, Exports, and Jobs]
![Introduction [to Imports, Exports, and Jobs]](/thumbs/75/71593171.jpg "Introduction [to Imports, Exports, and Jobs]")
Upjohn Press Book Chapters Upjohn Research home page 2002 Introduction [to Imports, Exports, and Jobs] Lori G. Kletzer University of California, Santa Cruz Citation Kletzer, Lori G. 2002. "Introduction."
Discussion comments on Immigration: trends and macroeconomic implications
Discussion comments on Immigration: trends and macroeconomic implications William Wascher I would like to begin by thanking Bill White and his colleagues at the BIS for organising this conference in honour
Impact of Education, Economic and Social Policies on Jobs
Impact of Education, Economic and Social Policies on Jobs Mohamed Ali Marouani Paris1-Pantheon-Sorbonne University Let s Work Workshop, London 17 September 2015 Introduction Good jobs creation depend on
Circumstances and Prospects for Economic Cooperation Between Israel and its Neighbors
Circumstances and Prospects for Economic Cooperation Between Israel and its Neighbors Presented by: David Boas Netanyah College, June 29th, 2004 Presentation Structure Selected data Principal economic
TOWARDS A EUROPEAN LABOUR MARKET: COMBATING LONG-TERM UNEMPLOYMENT AND IMPROVING TRADE UNIONS THROUGH INCREASED MIGRATION
TOWARDS A EUROPEAN LABOUR MARKET: COMBATING LONG-TERM UNEMPLOYMENT AND IMPROVING TRADE UNIONS THROUGH INCREASED MIGRATION ECONOMIC POLICY PAUL KELLY Junior Sophister Should we sacrifice social benefits
The Impact of Trade on Inequality in Developing Countries
The Impact of Trade on Inequality in Developing Countries Nina Pavcnik I. Introduction There is a real invasion of imported products, most of them coming from China. The consequence is that we are transferring
Employment Sector Employment Working Paper No. 55
Employment Sector Employment Working Paper No. 55 2010 The Impact of Crisis-related Changes in Trade Flows on Employment, Incomes, Regional and Sectoral Development in Brazil Scott McDonald Marion Jansen
Edexcel (A) Economics A-level
Edexcel (A) Economics A-level Theme 4: A Global Perspective 4.2 Poverty and Inequality 4.2.2 Inequality Notes Distinction between wealth and income inequality Wealth is defined as a stock of assets, such
Rev. soc. polit., god. 25, br. 3, str , Zagreb 2018.
doi: 10.3935/rsp.v25i3.1522 ESTIMATING LABOUR MARKET SLACK IN THE EUROPEAN UNION John Hurley and Valentina Patrini Dublin: Eurofound, 2017., 56 str. In the social policy and political discussions sufficient
Managing Migration and Integration: Europe and the US March 9, 2012
Managing Migration and Integration: Europe and the US March 9, 2012 MIGRANTS IN EUROPE... 1 ECONOMIC EFFECTS OF MIGRANTS... 3 INTEGRATION POLICIES: GERMANY... 4 INTEGRATION POLICIES: US... 5 Most Americans
Policy brief ARE WE RECOVERING YET? JOBS AND WAGES IN CALIFORNIA OVER THE PERIOD ARINDRAJIT DUBE, PH.D. Executive Summary AUGUST 31, 2005
Policy brief ARE WE RECOVERING YET? JOBS AND WAGES IN CALIFORNIA OVER THE 2000-2005 PERIOD ARINDRAJIT DUBE, PH.D. AUGUST 31, 2005 Executive Summary This study uses household survey data and payroll data
Social stratification under tension in a globalized era
CEPAL REVIEW CEPAL 72 REVIEW DECEMBER 72 2000 7 Social stratification under tension in a globalized era Emilio Klein Sociologist, Multidisciplinary Technical Team, International Labour Organization (ILO),
Immigration and The Economic Crisis: Does recession make a Difference?
Immigration and The Economic Crisis: Does recession make a Difference? Giovanni Peri Conference on Population, Integration and the law San Diego, March 30 th 2010 1 Does recession make a difference in
Should the UK leave the EU?
Should the UK leave the EU? An analysis of the possible economic consequences of a Brexit Gianluigi Vernasca University of Essex Professorial Inaugural Lecture February 2016 Gianluigi Vernasca (University
A Multivariate Analysis of the Factors that Correlate to the Unemployment Rate. Amit Naik, Tarah Reiter, Amanda Stype
A Multivariate Analysis of the Factors that Correlate to the Unemployment Rate Amit Naik, Tarah Reiter, Amanda Stype 2 Abstract We compiled a literature review to provide background information on our
International trade has long been a divisive
European Economics and Financial Centre (EEFC) Conference London, England September 6, 2007 International trade has long been a divisive issue, both in the United States and in other countries around the