G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w11255
来源IDWorking Paper 11255
Trade Policy, Income Risk, and Welfare
Tom Krebs; Pravin Krishna; William Maloney
发表日期2005-04-04
出版年2005
语种英语
摘要This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Finally, a simple dynamic incomplete-market model is used to assess the corresponding welfare costs. In the implementation of this methodology using Mexican data, we find that trade policy changes have a significant short run effect on income risk. Further, while the tariff level has an insignificant mean effect, it nevertheless changes the degree to which macroeconomic shocks affect income risk.
主题International Economics ; Trade ; Microeconomics ; General Equilibrium ; Macroeconomics ; Consumption and Investment
URLhttps://www.nber.org/papers/w11255
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/568892
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GB/T 7714
Tom Krebs,Pravin Krishna,William Maloney. Trade Policy, Income Risk, and Welfare. 2005.
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