Labor in the Global Economy

NBER Reporter, Summer 2001 | Go to article overview
Save to active project

Labor in the Global Economy


An NBER-Universities Research Conference on "Labor in the Global Economy" took place in Cambridge on May 11 and 12. Labor. Studies Program Director Richard Freeman, NBER and Harvard University, was the organizer. Eli Berman, NBER and Boston University, and Morris M. Kleiner, NBER and University of Minnesota, were moderators. The program was:

Andrew B. Bernard, NBER and Dartmouth College; J. Bradford Jensen, University of Maryland; and Peter K. Schott, Yale University, "Factor Price Equality and the Economies of the United States" (NBER Working Paper No. 8068)

Discussant: Eli Berman

Dae-Il Kim, Seoul National University, and Peter Mieszkowski, Rice University, "The Effects of International Trade on Wage Inequality in the United States"

Discussants: Bernardo S. Blum, University of California, Los Angeles, and Eli Berman

Linda Goldberg and Joseph Tracy, Federal Reserve Bank of New York, "Exchange Rates and Wages" (NBER Working Paper No. 8137)

Discussant: Lori Kletzer, University of California, Santa Cruz.

James P. Smith, Duncan Thomas, Elizabeth Frankenberg, Kathleen Beagle, and Graciela Teruel, RAND, "Wages, Employment, and Economic Shocks: Evidence from Indonesia"

Discussants: David E. Bloom, NBER and Harvard University, and John R. Harris, Boston University

Belton M. Fleisher and Xiaojun Wang, Ohio State University, "Skill Differentials, Returns to Schooling, and Market Segmentation in a Transition Economy: The Case of Mainland China"

Discussant: Gary H. Jefferson, Brandeis University

Chang-Tai Hsieh, Princeton University, and Keong T. Woo, KPMG "The Impact of Outsourcing to China on Hong Kong's Labor Market"

Discussant: Jeffrey H. Bergstrand, University of Notre Dame

Ju-Ho Lee, Korea Development Institute; Young-Kye Moh, Ohio State University; and Dae-Il Kim, Seoul National University "Do Unions Inhibit Labor Flexibility? Lessons from Korea"

Discussant: David L. Linduer, Wellesley College

Andrew M. Warner, Harvard University, "International Wage Determination and Globalization"

Discussants: Malcolm Cohen, University of Michigan, and Peter Gottschalk, Boston College

Gary Fields, Paul Cichello, David Newhouse, and Samuel Frieje, Cornell University; and Marta Menendez, DELTA, "A Four Country Story: Household Income Dynamics in Indonesia, South Africa, Spain, and Venezuela"

Discussants: Peter Gottschalk and John R. Harris

Morris M. Kleiner, and Hwikwon Ham, University of Minnesota, "Do Industrial Relations Institutions Affect Economic Efficiency? International and U.S. State-Level Evidence"

Discussant: Takao Kato, Colgate University

Bernard, Jensen, and Schott consider the role of international trade in shaping the product mix and relative wages for regions within the United States. They ask whether all the regions in the United States face the same relative factor prices. Using data from 1972-92, they conclude that all regions do not face the same relative factor price; rather, there are at least three distinct factor price cones. Sorting regions into cones with similar relative factor prices, the authors find that industry mix varies systematically across the groups. Regions that switch cones over time have more churning of industries.

Kim and Mieszkowski develop several simple general equilibrium models to analyze the effects of increased international trade on the growth of income inequality that occurred in the United States during the 1970s and 1980s. They conclude that the expansion of trade has decreased the real wage of unskilled labor by between 1 and 3 percent, a relatively small amount. To obtain this estimate, they develop a new measure of skill based on information found in the Directory of Occupational Titles. This skill index and data from the Occupational Employment Survey and Input-Output Information are used to calculate three factor shares for two tradable and two non-tradeable sectors.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Labor in the Global Economy
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.