Trade’s Impact on U.S. Jobs

Stone, Charles F.; Sawhill, Isabel V.

doi:10.1080/05775132.1987.11471183

Cited by 2 publications

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“…In support of its conclusion, the Task Force points to the dramatic increase in import penetration of U.S. markets; the rising proportion of permanent separations among total job losses during the 1981-82 recession relative to earlier postwar recessions; and the greater volatility since 1970 in exchange rates, interest rates, and energy prices. Stone and Sawhill (1987) document the incidence of difficult labor market adjustments arising from the increasing internationalization of the economy, and Hamermesh (1989) and Summers (1986) provide evidence indicating that the contribution of displaced workers to the nation©s overall unemployment rate has recently risen. 1…”

Section: Introductionmentioning

confidence: 99%

Assisting Displaced Workers: Do the States have a Better Idea?

Stevens¹,

Leigh²

1990

Industrial and Labor Relations Review

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He earned his Ph.D. in economics from Michigan State University in 1969, and he has held teaching and research appointments at the University of Wisconsin Madison and the University of Virginia. In addition to his work on displaced workers, he has published articles relating to racial differences in unemployment and labor force participation rates, fac tors leading to occupational advancement, union effects on wage and nonwage forms of worker compensation, and the determination of workers© preferences for union membership. He is also the author of a book titled, An Analysis of the Determinants of Occupational Upgrading. in The genesis of the research reported here was a contract awarded for the summer of 1986 by the Washington state legislature to study programs designed by other states to meet the adjustment assistance needs of displaced workers. Russell Lidman, director of the Washington State Institute for Public Policy, initiated the project, administered the contract, and provided direction for the research. Subsequently, financial support received from the W. E. Upjohn In stitute for Employment Research allowed me to greatly expand the scope of the research, resulting in the present monograph. A number of state officials and other individuals graciously supplied me with verbal descriptions and available written materials on particular displaced worker programs and demonstration projects. These individuals include

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Section: Introductionmentioning

confidence: 99%

Assisting Displaced Workers: Do the States have a Better Idea?

Stevens¹,

Leigh²

1990

Industrial and Labor Relations Review

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Winners and Losers in the Global Economy

Kapstein¹

2000

Int Org

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During the 1980s, economists began to observe a trend of rising income inequality in the advanced industrial economies. At the same time, the data revealed that these economies were becoming increasingly exposed to imports of manufactured goods from developing countries. The question that follows is whether these outcomes are causally related, as economic theory suggests is possible.The literature under review represents the current thinking on that question. These studies, all by mainstream economists, accept that free trade makes for good policy, since it results in efficiency gains that are enjoyed by consumers. But these scholars also recognize that free trade can alter the returns to the factors of production, creating new patterns of winners and losers.Although this body of literature provides an impressive display of technical skills and formal economic reasoning, and on the whole gives convincing evidence that trade is only one culprit among many in explaining the problems facing blue-collar workers, it still sheds relatively little light on the political economy of the outcome. That is, it tells us little about the role that political, economic, and labor market institutions might play in shaping factor returns. This deeper understanding requires that we take a fresh look at existing institutions and the material interests and ideas underpinning them. Only then will we discover why societies have allowed a certain group of citizens—mainly the least skilled and least educated—to fall by the economic wayside.

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Trade’s Impact on U.S. Jobs

Cited by 2 publications

References 0 publications

Assisting Displaced Workers: Do the States have a Better Idea?

Assisting Displaced Workers: Do the States have a Better Idea?

Winners and Losers in the Global Economy

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