Skip to content

Erhan Artuc - Patterns of Labor Market Adjustment to Trade Shocks with Imperfect Capital Mobility -TDPE

341 Eggers Hall

Add to: Outlook, ICal, Google Calendar

Moynihan Institute and Trade Development and Political Economy present:

Erhan Artuc, The World Bank

Patterns of Labor Market Adjustment to Trade Shocks with Imperfect Capital Mobility

The authors explore how different types of factor market frictions shape the short- and long-run labor-market adjustment to tariff cuts. To investigate these patterns empirically, the authors formulate a multi-sector dynamic model featuring capital and labor adjustment costs that they fit to Argentine data. Long-run responses of real wages are indeed larger than the short-run responses. In Food and Beverages, the real wage declines by 1.56 and 6.21 percent in the short- and long-run. In Textiles, the long-run response is about twice as large.

Dr. Erhan Artuc is a senior economist in the Development Research Group, Trade and International Integration Team.  Dr. Artuc’s research focuses on international trade policy, migration and labor markets. Dr. Artuc holds a PhD in Economics from the University of Virginia.

For information on accessibility, or to request accommodation, please contact Marc Albert 315-443-9248.

Sponsored by the Trade Development and Political Economy at the Moynihan Institute of Global Affairs.

Open to




Contact to request accommodations

Exterior of Maxwell in black and white when there was no Eggers building

We’re Turning 100!

To mark our centennial in the fall of 2024, the Maxwell School will hold special events and engagement opportunities to celebrate the many ways—across disciplines and borders—our community ever strives to, as the Oath says, “transmit this city not only not less, but greater, better and more beautiful than it was transmitted to us.”

Throughout the year leading up to the centennial, engagement opportunities will be held for our diverse, highly accomplished community that now boasts more than 38,500 alumni across the globe.