The Impact of Trade Prices on Employment and Wages in the United States

This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes...

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Bibliographic Details
Main Author: Hakura, Dalia
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a The Impact of Trade Prices on Employment and Wages in the United States  |c Dalia Hakura 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1997 
300 |a 26 pages 
651 4 |a United States 
653 |a Inflation 
653 |a Import prices 
653 |a Labour 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Deflation 
653 |a Unemployment 
653 |a Aggregate Labor Productivity 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a International economics 
653 |a Aggregate Human Capital 
653 |a Labor 
653 |a Price Level 
653 |a Wage Level and Structure 
653 |a International trade 
653 |a Exports 
653 |a Labor Demand 
653 |a Prices 
653 |a Macroeconomics 
653 |a Wages 
653 |a Wage Differentials 
653 |a Economic theory 
653 |a Intergenerational Income Distribution 
653 |a Export prices 
653 |a Imports 
653 |a Income economics 
653 |a Employment 
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490 0 |a IMF Working Papers 
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082 0 |a 330 
520 |a This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in each of 12 three-digit standard industrial classification (SIC) manufacturing sectors. The basic conclusion is that, for most sectors, changes in trade prices do not have significant effects on employment and wages, although they generally have a larger impact on employment than on wages