Showing 1 - 10 of 2,506
connects theory and data. We take input-output linkages across industries into account and make use of the recently established …
Persistent link: https://www.econbiz.de/10013023010
undermine the political viability of free trade. We show that trade-related redistribution increases the political viability of … free trade in the US. We do so by assessing the causal effect of expected redistribution associated with the US Trade …. We find that a one standard deviation increase in redistribution leads to more than a 3% point increase in the …
Persistent link: https://www.econbiz.de/10013055559
This study examines the effect of NAFTA, an instance of North-South trade liberalization, on returns to skill in Mexico. Mexico is abundant in low-skill workers relative to the US and Canada, and so, by the Hecksher-Ohlin-Samuelson trade model, NAFTA ought to have raised the relative earnings of...
Persistent link: https://www.econbiz.de/10013324881
of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own …
Persistent link: https://www.econbiz.de/10013136943
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10013134819
The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are by now well understood. But does a similar reduction in the offshoring cost also benefit workers in the world's factories in developing countries? Using a parsimonious...
Persistent link: https://www.econbiz.de/10012989829
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10012894540
redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10012756257
I examine the effect of immigrant inflows in Europe on natives' individual attitudes towards redistribution and … favor lower (higher) levels of redistribution …
Persistent link: https://www.econbiz.de/10012955009
We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple …
Persistent link: https://www.econbiz.de/10013136950