Work

Estimating the Economic Effects of Labor Provisions Using a Dynamic GE Model

Year: 2025

Type: article

Abstract: We use the dynamic general equilibrium model of international trade in Dix-Carneiro, Pessoa, Reyes-Heroles and Traiberman (2023) to simulate the impact of labor provisions that increase workers’ bargaining power. We estimate the resulting changes in employment, real wages, unemployment rates, trade flows, real consumption levels in the short run and in the long run. We simulate a Race to the Top scenario and then compare it to a Race to the Bottom scenario.

Source: Staff Working Papers: U.S. International Trade Commission

DOI: 10.71476/eya8-jq96

Author: Riker, David

Institution: United States International Trade Commission

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W6921538106

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