Measuring The Costs Of Trade-Related Job Loss

This paper addresses what one knows about the costs of job displacement, specifically trade-related job displacement. The author's focus is on workers: who gets displaced and the consequences of that job loss. For most displaced workers, what matters is the kind of job lost and the kind of job regained. Why the job was lost does not matter much at all. If workers and consequences are alike, across differing causes of job loss such as increasing foreign competition, technological change, downsizing, then policymakers should consider adjustment policy for all displaced workers, and broaden program eligibility beyond "Trade-displaced workers."

Provided by: Peter G. Peterson Institute for International Economics Topic: Project Management Date Added: Jul 2011 Format: HTML

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