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Replication data for: Trade Shocks and Labor Adjustment: A Structural Empirical Approach

Version
1
Resource Type
Dataset
Creator
  • Artuç, Erhan
  • Chaudhuri, Shubham
  • McLaren, John
Publication Date
2010-06-01
Description
  • Abstract

    The welfare effects of trade shocks turn on the nature and magnitude of the costs workers face in moving between sectors. Using an Euler-type equilibrium condition derived from a rational expectations model of dynamic labor adjustment, we estimate the mean and variance of workers' switching costs from the US CPS. We estimate high values of both parameters, implying slow adjustment of the economy and sharp movements in wages in response to trade shocks. However, import-competing workers can still benefit from tariff removal; liberalization lowers their wages in the short and long run but raises their option value.(JEL E24, F13, F16)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.100.3.1008 (Text)
Publications
  • Artuç, Erhan, Shubham Chaudhuri, and John McLaren. “Trade Shocks and Labor Adjustment: A Structural Empirical Approach.” American Economic Review 100, no. 3 (June 2010): 1008–45. https://doi.org/10.1257/aer.100.3.1008.
    • ID: 10.1257/aer.100.3.1008 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Artuç, Erhan; Chaudhuri, Shubham; McLaren, John (2010): Replication data for: Trade Shocks and Labor Adjustment: A Structural Empirical Approach. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112346V1