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The Impact of Trade Prices on Employment and Wages in the United States

This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes...

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Bibliographic Details
Main Author: Hakura, Dalia
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
Inflation
Import Prices
Labour; Income Economics
Employment; Economic Theory
Wages, Compensation, And Labor Costs: General
Deflation
Aggregate Labor Productivity
Unemployment
Trade: General
Exports And Imports
International Economics
Aggregate Human Capital
Labor
Price Level
International Trade
Wage Level And Structure
Exports
Labor Demand
Prices
Macroeconomics
Wages
Wage Differentials
Export Prices
Intergenerational Income Distribution
Imports
Employment
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in each of 12 three-digit standard industrial classification (SIC) manufacturing sectors. The basic conclusion is that, for most sectors, changes in trade prices do not have significant effects on employment and wages, although they generally have a larger impact on employment than on wages
Physical Description:26 pages
ISBN:9781451942415

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