Optimal Trade Policy, Equilibrium Unemployment and Labor Market Inefficiency

2015 ◽  
Author(s):  
Wisarut Suwanprasert
Keyword(s):  
Labor Market ◽  
Trade Policy ◽  
Equilibrium Unemployment ◽  
Market Inefficiency ◽  
Optimal Trade Policy

scholarly journals Comparative Advantage and Optimal Trade Policy

2013 ◽  
Author(s):  
Arnaud Costinot ◽  
Dave Donaldson ◽  
Jonathan Vogel ◽  
Ivan Werning
Keyword(s):  
Trade Policy ◽  
Comparative Advantage ◽  
Optimal Trade Policy

Testing Labor Market Efficiency Across Position Groups in the NFL

2017 ◽  
Vol 19 (8) ◽  
pp. 1093-1121 ◽  
Author(s):  
Michael A. Roach
Keyword(s):  
Labor Market ◽  
Market Efficiency ◽  
Team Performance ◽  
National Football League ◽  
Marginal Impact ◽  
Market Inefficiency

This article proposes a new metric to proxy for the incidence of player absences faced by National Football League teams based on the percentage of team payroll resources that are inactive over the course of a season. This variable significantly predicts team performance. Calculating this measure for individual position groups allows me to test for differences in the marginal impact of salary resources across these groups. Results indicate that resources dedicated to offense, in particular to offensive linemen and starting quarterbacks, have the highest marginal impact on team performance. This suggests a market inefficiency where these players were relatively underpaid.

Protection, Trade, and Wages: Evidence from U.S. Manufacturing

ILR Review ◽  
1994 ◽  
Vol 47 (4) ◽  
pp. 574-593 ◽  
Author(s):  
Noel Gaston ◽  
Daniel Trefler
Keyword(s):  
International Trade ◽  
Labor Market ◽  
Trade Policy ◽  
Manufacturing Industries ◽  
Trade Protection ◽  
Trade Barriers ◽  
Data Set ◽  
Wage Effect ◽  
Nontariff Barriers ◽  
Antidumping Duties

This paper investigates the effects of international trade policy on wages in U.S. manufacturing industries in 1983. The data set combines micro labor market data with comprehensive data on tariffs and nontariff trade barriers such as quotas and antidumping duties. The authors find that workers in unprotected, export-oriented industries had higher wages than workers with similar observable characteristics in protected, import-competing industries; more specifically, exports had a positive wage effect and imports had a smaller negative wage effect. Other findings are that nontariff barriers had no significant effect on wages, and tariffs appear to have had a large negative wage effect, even after the authors control for the trade protection received by low-wage industries.

scholarly journals Welfare reducing trade and optimal trade policy

1998 ◽  
Vol 10 (2) ◽  
pp. 187-198 ◽  
Author(s):  
E Kwan Choi ◽  
Hamid Beladi
Keyword(s):  
Trade Policy ◽  
Optimal Trade Policy

scholarly journals German Wage Underpayment: An Investigation into Labor Market Inefficiency and Discrimination

2001 ◽  
Vol 70 (1) ◽  
pp. 107-114 ◽  
Author(s):  
Peter Dawson ◽  
Timothy Hinks ◽  
Duncan Watson
Keyword(s):  
Labor Market ◽  
Market Inefficiency
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