The Impact of International Trade on Wages
The Impact of International Trade on Wages

Author: Robert C. Feenstra

Publisher: University of Chicago Press

Published: 2008-04-15

Total Pages: 420

ISBN-13: 0226239640

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Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.

Job Loss from Imports
Job Loss from Imports

Author: Lori G. Kletzer

Publisher: Peterson Institute

Published: 2001

Total Pages: 148

ISBN-13: 9780881322965

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In this study of the medium-term effects of trade displacement on American workers, Kletzer uses worker-level data from the US Displaced Worker Surveys to examine the pattern of reemployment following trade-related job loss. She also analyzes regional and local labor market variations, and concludes by exploring the implications of her findings for US policy on linking the labor market and international trade.

The U.S. Trade Deficit
The U.S. Trade Deficit

Author: U.S. Trade Deficit Review Commission

Publisher:

Published: 2000

Total Pages: 342

ISBN-13:

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"Report of the U.S. Trade Deficit Review Commission, November 14, 2000"--Cover p. [2].

The surprisingly swift decline of U.S. manufacturing employment
The surprisingly swift decline of U.S. manufacturing employment

Author: Justin R. Pierce

Publisher:

Published: 2012

Total Pages:

ISBN-13:

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This paper finds a link between the sharp drop in U.S. manufacturing employment after 2001 and the elimination of trade policy uncertainty resulting from the U.S. granting of permanent normal trade relations to China in late 2000. We find that industries where the threat of tariff hikes declines the most experience greater employment loss due to suppressed job creation, exaggerated job destruction and a substitution away from low-skill workers. We show that these policy-related employment losses coincide with a relative acceleration of U.S. imports from China, the number of U.S. firms importing from China, the number of Chinese firms exporting to the U.S., and the number of U.S.-China importer-exporter pairs.

Imports, Exports, and Jobs
Imports, Exports, and Jobs

Author: Lori G. Kletzer

Publisher: W.E. Upjohn Institute

Published: 2002

Total Pages: 232

ISBN-13: 0880992476

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Annotation Kletzer attempts to heighten our understanding of the labor market costs of freer trade. While economy-wide net benefits may ensue from lossening trade policies, such policies do not proclude localized net losses. This book aims to measure some of these losses in the hope that future policy making will address them and the people who bear the burdon.