000			01070nam a22001577a 4500
999			_c518034 _d518034
008			210810b ||||| |||| 00| 0 eng d
100			_aKim, Ryan and Vogel, Jonathan _928423
245			_aTrade shocks and labor market adjustment
260			_aThe American Economic Review: Insights
300			_a3(1), Mar, 2021: p.115-130
520			_aWe develop a framework to analyze the impact of trade shocks on a range of labor market adjustment margins in economies with a large number of sectors and labor groups. We provide analytic results characterizing equilibria. We show that labor groups earning a greater share of wage income in sectors with relative price declines experience a relative increase in unemployment and nonparticipation and decrease in wages and welfare. Our framework provides a guide for quantitative and empirical investigations into the labor market impacts of trade shocks. – Reproduced
650			_aTrade shocks, Trade, Wage income _928424
773			_aThe American Economic Review: Insights
906			_aLABOUR MARKET
942			_cAR