G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w30188
来源IDWorking Paper 30188
Globalization, Trade Imbalances and Inequality
Rafael Dix-Carneiro; Sharon Traiberman
发表日期2022-06-27
出版年2022
语种英语
摘要We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the lens of a quantitative, general equilibrium, multi-country, multi-sector model of trade with four key ingredients: (a) workers with different levels of skills are organized into separate representative households; (b) endogenous trade imbalances arise from households' consumption and saving decisions; (c) production exhibits capital-skill complementarity; (d) labor market frictions across sectors and non-employment. We conduct a series of counterfactual experiments that illustrate the quantitative importance of both trade imbalances and capital-skill complementarity for the dynamics of the skill premium. We show that modelling trade imbalances can lead to stark differences between short- and long-run consequences of globalization shocks for the skill premium.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w30188
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/587861
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GB/T 7714
Rafael Dix-Carneiro,Sharon Traiberman. Globalization, Trade Imbalances and Inequality. 2022.
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