Trade policy, income risk, and welfare:
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11255 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Finally, a simple dynamic incomplete-market model is used to assess the corresponding welfare costs. In the implementation of this methodology using Mexican data, we find that trade policy changes have a significant short run effect on income risk. Further, while the tariff level has an insignificant mean effect, it nevertheless changes the degree to which macroeconomic shocks affect income risk"--National Bureau of Economic Research web site. |
| Beschreibung: | 41, [9] S. graph. Darst. |
Internformat
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| 520 | 3 | |a "This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Finally, a simple dynamic incomplete-market model is used to assess the corresponding welfare costs. In the implementation of this methodology using Mexican data, we find that trade policy changes have a significant short run effect on income risk. Further, while the tariff level has an insignificant mean effect, it nevertheless changes the degree to which macroeconomic shocks affect income risk"--National Bureau of Economic Research web site. | |
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| geographic | Mexiko Mexico Commercial policy |
| geographic_facet | Mexiko Mexico Commercial policy |
| id | DE-604.BV023591418 |
| illustrated | Illustrated |
| index_date | 2024-07-02T22:41:28Z |
| indexdate | 2024-07-09T21:25:11Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016906748 |
| oclc_num | 59161836 |
| open_access_boolean | 1 |
| owner | DE-521 DE-19 DE-BY-UBM |
| owner_facet | DE-521 DE-19 DE-BY-UBM |
| physical | 41, [9] S. graph. Darst. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Krebs, Tom Verfasser (DE-588)130501166 aut Trade policy, income risk, and welfare Tom Krebs ; Pravin Krishna ; William Maloney Cambridge, Mass. National Bureau of Economic Research 2005 41, [9] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11255 "This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Finally, a simple dynamic incomplete-market model is used to assess the corresponding welfare costs. In the implementation of this methodology using Mexican data, we find that trade policy changes have a significant short run effect on income risk. Further, while the tariff level has an insignificant mean effect, it nevertheless changes the degree to which macroeconomic shocks affect income risk"--National Bureau of Economic Research web site. Ökonometrisches Modell Commercial policy Economic aspects Labor market Econometric models Mexiko Mexico Commercial policy Krishna, Pravin 1969- Verfasser (DE-588)130501182 aut Maloney, William F. 1959- Verfasser (DE-588)128733233 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11255 (DE-604)BV002801238 11255 http://papers.nber.org/papers/w11255.pdf kostenfrei Volltext |
| spellingShingle | Krebs, Tom Krishna, Pravin 1969- Maloney, William F. 1959- Trade policy, income risk, and welfare National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Commercial policy Economic aspects Labor market Econometric models |
| title | Trade policy, income risk, and welfare |
| title_auth | Trade policy, income risk, and welfare |
| title_exact_search | Trade policy, income risk, and welfare |
| title_exact_search_txtP | Trade policy, income risk, and welfare |
| title_full | Trade policy, income risk, and welfare Tom Krebs ; Pravin Krishna ; William Maloney |
| title_fullStr | Trade policy, income risk, and welfare Tom Krebs ; Pravin Krishna ; William Maloney |
| title_full_unstemmed | Trade policy, income risk, and welfare Tom Krebs ; Pravin Krishna ; William Maloney |
| title_short | Trade policy, income risk, and welfare |
| title_sort | trade policy income risk and welfare |
| topic | Ökonometrisches Modell Commercial policy Economic aspects Labor market Econometric models |
| topic_facet | Ökonometrisches Modell Commercial policy Economic aspects Labor market Econometric models Mexiko Mexico Commercial policy |
| url | http://papers.nber.org/papers/w11255.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT krebstom tradepolicyincomeriskandwelfare AT krishnapravin tradepolicyincomeriskandwelfare AT maloneywilliamf tradepolicyincomeriskandwelfare |