Andrés Rodríguez-Clare, the Edward G. and Nancy S. Jordan Professor of Economics at the University of California, Berkeley, will address new methods to quantify the net gains from trade for any country, distinguishing inequality-adjusted welfare changes from inequality-unadjusted welfare changes. The model is used to estimate these different effects for the United States for the case of China’s entrance to the world trade organization (the “China shock”) and for the (theoretical) case of a movement to complete autarky.
Sponsored by the Kellogg Institute.
Originally published at conductorshare.nd.edu.