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Workers' Age and the Impact of Trade Shocks / Erhan Artuc
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Artuc, Erhan
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Economic Theory & Research.
- International Economics & Trade.
- Labor Market Equilibrium.
- Labor Markets.
- Labor Policies.
- Sectoral Mobility.
- Tertiary Education.
- Trade Liberalization.
- Trade Policy.
- Local Subjects:
- Economic Theory & Research.
- International Economics & Trade.
- Labor Market Equilibrium.
- Labor Markets.
- Labor Policies.
- Sectoral Mobility.
- Tertiary Education.
- Trade Liberalization.
- Trade Policy.
- Physical Description:
- 1 online resource (43 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2012
- System Details:
- data file
- Summary:
- Do trade shocks affect workers differently because of their age? This paper examines the issue by estimating the lifetime mobility of workers based on the sectors in which they work. Using U.S. data, the paper shows that mobility costs rise with a worker's age and years of experience, but stay the same regardless of his or her education level. In addition, using a general-equilibrium simulation of counterfactual trade-liberalization policies in the metal manufacturing sector, the paper shows that trade shocks affect workers with higher mobility costs more, for both winners and losers of the policy shocks. But the effects taper off over a worker's lifetime, especially when they are close to retirement.
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