Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility
Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility
复制标题
贸易政策和工资不平等:职业和部门流动性的结构分析
DOI:
10.1596/1813-9450-6194
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发表时间:
2012
期刊:
影响因子:
--
通讯作者:
J. McLaren
中科院分区:
文献类型:
--
作者:
Erhan Artuç;J. McLaren
A number of authors have argued that a worker's occupation of employment is at least as important as the worker's industry of employment in determining whether the worker will be hurt or helped by international trade. This paper investigates the role of occupational mobility on the effects of trade shocks on wage inequality in a dynamic, structural econometric model of worker adjustment. Each worker in the model can switch either industry, occupation, or both, paying a time-varying cost to do so in a rational-expectations optimizing environment. The authors find that the costs of switching industry and occupation are both high, and of similar magnitude, but in simulations they find that a worker's industry of employment is much more important than either the worker's occupation or skill class in determining whether he or she is harmed by a trade shock.