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DESCRIPTION:\n\nMoynihan Institute and Trade Development and Political Econ
 omy present:Erhan Artuc\, The World Bank\n\nPatterns of Labor Market Adjus
 tment to\nTrade Shocks with Imperfect Capital Mobility\n\n The\nauthors ex
 plore how different types of factor market frictions shape the short-\nand
  long-run labor-market adjustment to tariff cuts. To investigate these\npa
 tterns empirically\, the authors formulate a multi-sector dynamic model\nf
 eaturing capital and labor adjustment costs that they fit to Argentine dat
 a.\nLong-run responses of real wages are indeed larger than the short-run\
 nresponses. In Food and Beverages\, the real wage declines by 1.56 and 6.2
 1\npercent in the short- and long-run. In Textiles\, the long-run response
  is about\ntwice as large.\n\n\n\n\nDr.\nErhan Artuc is\na senior economis
 t in the Development Research Group\, Trade and International\nIntegration
  Team.&nbsp\; Dr. Artuc’s\nresearch focuses on international trade policy\
 , migration and labor markets.\nDr. Artuc\nholds a PhD in Economics from t
 he University of Virginia.\n\nFor information on accessibility\, or to\nre
 quest accommodation\, please contact Marc Albert 315-443-9248.\n\nSponsore
 d&nbsp\;by the Trade Development and Political Economy&nbsp\;at the&nbsp\;
 Moynihan Institute of Global Affairs. \n\n 
DTEND:20171106T223000Z
DTSTAMP:20260511T001111Z
DTSTART:20171106T210000Z
LOCATION:
SEQUENCE:0
SUMMARY:Erhan Artuc - Patterns of Labor Market Adjustment to Trade Shocks w
 ith Imperfect Capital Mobility -TDPE
UID:RFCALITEM639140406719655078
X-ALT-DESC;FMTTYPE=text/html:<p>\n\nMoynihan Institute and Trade Developmen
 t and Political Economy present:</p><p>Erhan Artuc\, The World Bank</p><p>
 \n\n</p><p><b>Patterns of Labor Market Adjustment to\nTrade Shocks with Im
 perfect Capital Mobility</b></p><p>\n\n </p><p>The\nauthors explore how di
 fferent types of factor market frictions shape the short-\nand long-run la
 bor-market adjustment to tariff cuts. To investigate these\npatterns empir
 ically\, the authors formulate a multi-sector dynamic model\nfeaturing cap
 ital and labor adjustment costs that they fit to Argentine data.\nLong-run
  responses of real wages are indeed larger than the short-run\nresponses. 
 In Food and Beverages\, the real wage declines by 1.56 and 6.21\npercent i
 n the short- and long-run. In Textiles\, the long-run response is about\nt
 wice as large.\n</p><p>\n\n</p><p>\n\n</p><p><b>Dr.\nErhan Artuc </b>is\na
  senior economist in the Development Research Group\, Trade and Internatio
 nal\nIntegration Team.&nbsp\; Dr. Artuc’s\nresearch focuses on internation
 al trade policy\, migration and labor markets.\nDr. Artuc\nholds a PhD in 
 Economics from the University of Virginia.</p><p>\n\n</p>For information o
 n accessibility\, or to\nrequest accommodation\, please contact Marc Alber
 t 315-443-9248.<p>\n\n<b><em>Sponsored&nbsp\;by the Trade Development and 
 Political Economy&nbsp\;at the&nbsp\;Moynihan Institute of Global Affairs.
 </em> </b></p><p>\n\n </p>
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