-
大陆成人直播
-
- 大陆成人直播
- WORKSHOP预告
新结构经济学workshop: Global Value Chains and Inequality with Endogenous Labor Supply
发布日期：2018-06-15 11:01 来源：大陆成人直播-成人直播中文
新结构经济学workshop: Global Value Chains and Inequality with Endogenous Labor Supply
时间：2018年6月15日下午4:00-5:30
地点：北京大学英杰交流中心359S会议室
主讲人：Kei-Mu Yi
(The M.D. Anderson Professor of Economics at the University of Houston,Research Associate with the ITI and IFM programs at the NBER)
Title: Global Value Chains and Inequality with Endogenous Labor Supply
Abstract:
We assess the role of global value chains transmitting global integration shocks to aggregate trade as well as distributional outcomes. We develop a multi-country general equilibrium trade model that features multi-stage production, with different stages having different productivities and using factors (occupations) with different intensities. The model also features a Roy mechanism, in which heterogeneous workers endogenously choose their sector and occupation. Country- and worker-level comparative advantages interact. A reduction in trade costs leads to countries specializing in their comparative advantage sectors and production stages. This specialization changes labor demand and also leads to more workers shifting to their comparative advantage sectors and occupations. With a special case of our model, we show that the intensity of the global value chain (GVC) magnifies the aggregate effects of trade liberalization, but it has a non-monotonic effect on the skill premia. We calibrate our model to the U.S., China, and the rest of the world in 2000 and we simulate a decline in China’s costs of trade, designed to mimic China’s entry into the WTO. Our simulation results imply an increase in the skill premium in both the U.S. and China, and the GVC, i.e., stage-level specialization, is critical to this outcome.
Speaker:
Kei-Mu Yi is the M.D. Anderson Professor of Economics at the University of Houston. He is also a Research Associate with the ITI and IFM programs at the NBER. Before coming to Houston, he held positions with the Federal Reserve Banks of New York, Philadelphia, and Minneapolis. In Philadelphia, he was the head of the Macro section, and in Minneapolis, he was the Director of Research, and subsequently, special policy adviser to the President. He was an assistant professor of economics at Rice University. He received a Ph.D. in economics from the University of Chicago. His past research was on tests of endogenous growth models, the implications of international trade for business cycle co-movement and for structural transformation, and on documenting, and investigating the implications of, the increased vertical specialization of international trade. His publications have appeared in the American Economic Review and the Journal of Political Economy. His current research is on trends in global trade and the implications of international trade for growth and inequality.
大陆成人直播 官方微信
Copyright© 1994-2012 大陆成人直播-成人直播中文 版权所有, 京ICP备05065075号-1
保留所有权利，不经允许请勿挪用
-
大陆成人直播
-
新结构经济学workshop: Global Value Chains and Inequality with Endogenous Labor Supply
发布日期：2018-06-15 11:01 来源：大陆成人直播-成人直播中文
新结构经济学workshop: Global Value Chains and Inequality with Endogenous Labor Supply
时间：2018年6月15日下午4:00-5:30
地点：北京大学英杰交流中心359S会议室
主讲人：Kei-Mu Yi
(The M.D. Anderson Professor of Economics at the University of Houston,Research Associate with the ITI and IFM programs at the NBER)
Title: Global Value Chains and Inequality with Endogenous Labor Supply
Abstract:
We assess the role of global value chains transmitting global integration shocks to aggregate trade as well as distributional outcomes. We develop a multi-country general equilibrium trade model that features multi-stage production, with different stages having different productivities and using factors (occupations) with different intensities. The model also features a Roy mechanism, in which heterogeneous workers endogenously choose their sector and occupation. Country- and worker-level comparative advantages interact. A reduction in trade costs leads to countries specializing in their comparative advantage sectors and production stages. This specialization changes labor demand and also leads to more workers shifting to their comparative advantage sectors and occupations. With a special case of our model, we show that the intensity of the global value chain (GVC) magnifies the aggregate effects of trade liberalization, but it has a non-monotonic effect on the skill premia. We calibrate our model to the U.S., China, and the rest of the world in 2000 and we simulate a decline in China’s costs of trade, designed to mimic China’s entry into the WTO. Our simulation results imply an increase in the skill premium in both the U.S. and China, and the GVC, i.e., stage-level specialization, is critical to this outcome.
Speaker:Kei-Mu Yi is the M.D. Anderson Professor of Economics at the University of Houston. He is also a Research Associate with the ITI and IFM programs at the NBER. Before coming to Houston, he held positions with the Federal Reserve Banks of New York, Philadelphia, and Minneapolis. In Philadelphia, he was the head of the Macro section, and in Minneapolis, he was the Director of Research, and subsequently, special policy adviser to the President. He was an assistant professor of economics at Rice University. He received a Ph.D. in economics from the University of Chicago. His past research was on tests of endogenous growth models, the implications of international trade for business cycle co-movement and for structural transformation, and on documenting, and investigating the implications of, the increased vertical specialization of international trade. His publications have appeared in the American Economic Review and the Journal of Political Economy. His current research is on trends in global trade and the implications of international trade for growth and inequality.
访问学者申请
EMAIL
北京大学
ENGLISH
