INEQUALITY AND UNEMPLOYMENT IN A GLOBAL ECONOMY

被引:478
作者
Helpman, Elhanan [1 ]
Itskhoki, Oleg
Redding, Stephen
机构
[1] Harvard Univ, Dept Econ, Cambridge, MA 02138 USA
基金
美国国家科学基金会;
关键词
Wage inequality; international trade; risk; unemployment; WAGE INEQUALITY; INTERNATIONAL-TRADE; FIRM HETEROGENEITY; SEARCH EQUILIBRIUM; EMPLOYER SIZE; UNITED-STATES; JOB SEARCH; WORKERS; EXPORTERS; GLOBALIZATION;
D O I
10.3982/ECTA8640
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper develops a new framework for examining the determinants of wage distributions that emphasizes within-industry reallocation, labor market frictions, and differences in workforce composition across firms. More productive firms pay higher wages and exporting increases the wage paid by a firm with a given productivity. The opening of trade enhances wage inequality and can either raise or reduce unemployment. While wage inequality is higher in a trade equilibrium than in autarky, gradual trade liberalization first increases and later decreases inequality.
引用
收藏
页码:1239 / 1283
页数:45
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