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Trade and Welfare (Across Local Labor Markets)

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NBER2020-05-01 更新2025-01-04 收录
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What are the welfare implications of trade shocks? Theoretically, we provide a sufficient statistic that measures changes in welfare (to a first-order approximation) for the set of workers who start within a region, taking into account adjustment in frictional unemployment, labor force participation

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2020-05-01
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