Trade, Education, and the Shrinking Middle Class
Blanchard EJ, Willmann G (2013) Working Papers in Economics and Management; 03-2013.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Diskussionspapier
| Veröffentlicht | Englisch
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Autor*in
Blanchard, Emily J.;
Willmann, GeraldUniBi
Einrichtung
Abstract / Bemerkung
We develop a new model of trade in which educational institutions drive
comparative advantage and determine the distribution of human capital within
and across countries. Our framework exploits a multiplicity of sectors and the
continuous support of human capital choices to demonstrate that freer trade
can induce crowding out of the middle occupations towards the skill acquisition
extremes in one country, and simultaneous expansion of middle-income industries
in another. Individual gains from trade may be non-monotonic in workers'
ability, and middle ability agents can lose the most from trade liberalization.
Comparing trade and education policy, we find that targeted education subsidies
are more effective than tariffs as a means to preserve "middle class" jobs,
while uniform educational subsidies have no effect.
Stichworte
Education;
Trade and Education Policy;
Skill Acquisition;
In-come Distribution
Erscheinungsjahr
2013
Serientitel
Working Papers in Economics and Management
Band
03-2013
Seite(n)
41
ISSN
2196-2723
Page URI
https://pub.uni-bielefeld.de/record/2562668
Zitieren
Blanchard EJ, Willmann G. Trade, Education, and the Shrinking Middle Class. Working Papers in Economics and Management. Vol 03-2013. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2013.
Blanchard, E. J., & Willmann, G. (2013). Trade, Education, and the Shrinking Middle Class (Working Papers in Economics and Management, 03-2013). Bielefeld: Bielefeld University, Department of Business Administration and Economics. doi:10.4119/unibi/2562668
Blanchard, Emily J., and Willmann, Gerald. 2013. Trade, Education, and the Shrinking Middle Class. Vol. 03-2013. Working Papers in Economics and Management. Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Blanchard, E. J., and Willmann, G. (2013). Trade, Education, and the Shrinking Middle Class. Working Papers in Economics and Management, 03-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Blanchard, E.J., & Willmann, G., 2013. Trade, Education, and the Shrinking Middle Class, Working Papers in Economics and Management, no.03-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
E.J. Blanchard and G. Willmann, Trade, Education, and the Shrinking Middle Class, Working Papers in Economics and Management, vol. 03-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013.
Blanchard, E.J., Willmann, G.: Trade, Education, and the Shrinking Middle Class. Working Papers in Economics and Management, 03-2013. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2013).
Blanchard, Emily J., and Willmann, Gerald. Trade, Education, and the Shrinking Middle Class. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013. Working Papers in Economics and Management. 03-2013.
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