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DTSTART:20251102T020000
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DESCRIPTION:Trade and Inequality: From Theory to Estimation While neoclassi
 cal theory emphasizes the impact of trade on wage inequality between occup
 ations and industries\, more recent theories of firm heterogeneity point t
 o the impact of trade on wage dispersion within occupations and industries
 . Using linked employer-employee data for Brazil\, the authors show that m
 uch of overall wage inequality arises within sector-occupations\; this wit
 hin component is driven by wage dispersion between firms\; and wage disper
 sion between firms is related to employment size and trade participation. 
 The authors then extend the theoretical model of trade and inequality from
  Helpman\, Itskhoki\, and Redding (2010) and structurally estimate it with
  Brazilian data. They show that the estimated model fits the data well\, b
 oth in terms of some key moments as well as in terms of the overall distri
 butions of wages and employment. International trade is important for this
  fit. In particular\, the authors show that by shutting down the trade cha
 nnel the estimated model is significantly less successful in matching the 
 data. Speaker: Steve Redding is Professor of Economics at Princeton Univer
 sity. He is also one of the co-editors of the Journal of International Eco
 nomics\, the top journal in the fields of international trade and internat
 ional macroeconomics. Steve Redding has worked in almost every area of int
 ernational trade including trade and labor\, economic geography\, trade an
 d productivity and several aspects of trade and development. His research 
 has been published in top economics journals like the American Economic Re
 view\, Econometrica\,.the Quarterly Journal of Economics\, the Review of E
 conomic Studies etc. Authors: Elhanan Helpman\, Oleg Itskhoki\, Marc Muend
 ler and Stephen Redding Speaking: Stephen Redding Professor of Economics P
 rinceton University Sponsor: Moynihan Institute of Global Affairs\, Co-Spo
 nsor Trade\, Development\, and Political Economy\, Co-Sponsor 
DTEND:20120409T210000Z
DTSTAMP:20260313T064807Z
DTSTART:20120409T200000Z
LOCATION:
SEQUENCE:0
SUMMARY:Trade Development and Political Economy presents Stephen Redding
UID:RFCALITEM639089668879471184
X-ALT-DESC;FMTTYPE=text/html:Trade and Inequality: From Theory to Estimatio
 n While neoclassical theory emphasizes the impact of trade on wage inequal
 ity between occupations and industries\, more recent theories of firm hete
 rogeneity point to the impact of trade on wage dispersion within occupatio
 ns and industries. Using linked employer-employee data for Brazil\, the au
 thors show that much of overall wage inequality arises within sector-occup
 ations\; this within component is driven by wage dispersion between firms\
 ; and wage dispersion between firms is related to employment size and trad
 e participation. The authors then extend the theoretical model of trade an
 d inequality from Helpman\, Itskhoki\, and Redding (2010) and structurally
  estimate it with Brazilian data. They show that the estimated model fits 
 the data well\, both in terms of some key moments as well as in terms of t
 he overall distributions of wages and employment. International trade is i
 mportant for this fit. In particular\, the authors show that by shutting d
 own the trade channel the estimated model is significantly less successful
  in matching the data. Speaker: Steve Redding is Professor of Economics at
  Princeton University. He is also one of the co-editors of the Journal of 
 International Economics\, the top journal in the fields of international t
 rade and international macroeconomics. Steve Redding has worked in almost 
 every area of international trade including trade and labor\, economic geo
 graphy\, trade and productivity and several aspects of trade and developme
 nt. His research has been published in top economics journals like the Ame
 rican Economic Review\, Econometrica\,.the Quarterly Journal of Economics\
 , the Review of Economic Studies etc. Authors: Elhanan Helpman\, Oleg Itsk
 hoki\, Marc Muendler and Stephen Redding Speaking: Stephen Redding Profess
 or of Economics Princeton University Sponsor: Moynihan Institute of Global
  Affairs\, Co-Sponsor Trade\, Development\, and Political Economy\, Co-Spo
 nsor <br>
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