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Wiley InterScience | ||||||||||||||||
  Review of International EconomicsVolume 12 Issue 5, Pages 724 - 748 Published Online: 20 Oct 2004 © 2010 Blackwell Publishing Ltd International Economics and Finance Society
Abstract | References | Full Text: PDF (Size: 110K) | Related Articles | Citation Tracking  Trade-related Job Loss and Wage Insurance: a Synthetic Review Copyright Blackwell Publishing Ltd 2004. Abstract
The paper seeks to promote further integration of empirical and theoretical discussions of trade and worker adjustment. From the author's recent studies of the costs of job loss, she develops a set of stylized facts of trade-related job loss, with a focus on worker characteristics and labor market consequences. These stylized facts are relevant to any (credible) model of trade liberalization and adjustment costs. The author discusses the basic ideas of wage insurance and summarizes the few data known about how a program might work if implemented in the United States. A final section provides a list of issues for a model of trade that will be consistent with the empirical stylized facts, and sets out questions for future research. | 
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IT'S TIME TO RENEW
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