Resource title

Trade exposure, export intensity and wage volatility: theory and evidence

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Resource description

This paper addresses the link between openness and wage volatility. It starts by putting forth the theory, and then estimates cross-industry regressions. Overall, theory and data seem to support the notions that exposure to international trade increases wage volatility; and that, within tradables, wage volatility decreases as the industry's export intensity rise.

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Resource language

en

Resource content type

application/pdf

Resource resource URL

http://flora.insead.edu/fichiersti_wp/inseadwp2002/2002-111.pdf

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Copyright INSEAD. All rights reserved