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Trade and Employment : Stylized Facts and Research Findings / Bernard Hoekman and L. Alan Winters.
- Format:
- Book
- Government document
- Author/Creator:
- Hoekman, Bernard, author.
- Series:
- UN Department of Economic and Social Affairs (DESA) Working Papers, 2520-6656 ; no.7.
- UN Department of Economic and Social Affairs (DESA) Working Papers, 2520-6656 ; no.7
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- Local Subjects:
- Economic and Social Development.
- Physical Description:
- 1 online resource.
- Place of Publication:
- New York : United Nations, 2005.
- System Details:
- text file
- Summary:
- The substantial literature investigating the links between trade, trade policy, and labour market outcomes has generated a number of stylized facts, but many open questions remain. A common finding is that much of the shorter-run impacts of trade and reforms involve reallocation of labour or wage impacts within sectors. Wage responses to trade and trade reforms are generally greater than employment impacts, but trade can only explain a small fraction of the general increase in wage inequality observed in recent decades. A priority area for future research is to study the employment effects of services trade and investment reforms.
- Access Restriction:
- Restricted for use by site license.
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