Trade exposure, export intensity, and wage volatility: Theory and evidence
成果类型：
Article
署名作者：
Traca, DA
署名单位：
Universite Libre de Bruxelles
刊物名称：
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN：
0034-6535
DOI：
10.1162/0034653053970366
发表日期：
2005-05
页码：
336-347
关键词：
摘要：
This paper addresses the link between trade exposure and wage volatility. First, it shows, in a simple model, that trade exposure magnifies the impact of domestic productivity shocks on industry- specific labor demand, particularly for the less export-intensive industries, and that, if labor is not perfectly mobile, this implies a rise in wage volatility. Then, it tests these predictions, using industry data. The empirical results confirm that wage volatility increases with an industry's degree of openness, and that it declines with an increase in the industry's export intensity.
来源URL：