Artuç, Erhan2012-04-272012-04-272012-04https://hdl.handle.net/10986/6037Do trade shocks affect workers differently because of their age? This paper examines the issue by estimating the lifetime mobility of workers based on the sectors in which they work. Using U.S. data, the paper shows that mobility costs rise with a worker's age and years of experience, but stay the same regardless of his or her education level. In addition, using a general-equilibrium simulation of counterfactual trade-liberalization policies in the metal manufacturing sector, the paper shows that trade shocks affect workers with higher mobility costs more, for both winners and losers of the policy shocks. But the effects taper off over a worker's lifetime, especially when they are close to retirement.CC BY 3.0 IGOAFFECTED WORKERSAGE GROUPAGE GROUPSAGED WORKERSAGRICULTUREAVERAGE WAGEAVERAGE WAGESCAPITAL INVESTMENTSCAREERCOBB-DOUGLAS PRODUCTION FUNCTIONCOLLEGE EDUCATIONCOLLEGE GRADUATESCONSUMER PRICE INDEXDEVELOPMENT ECONOMICSDEVELOPMENT POLICYDISCOUNTED VALUEDISSERTATIONECONOMETRIC ANALYSISECONOMETRICSECONOMIC ANALYSISECONOMICS RESEARCHEMPLOYMENT OUTCOMESEMPLOYMENT PROSPECTSEQUATIONSEQUILIBRIUMESTIMATED PARAMETERESTIMATED PARAMETERSEXPECTED UTILITYEXPECTED VALUEEXPECTED VALUESFINANCIAL CRISESFIRM DYNAMICSFREE TRADEGENERAL EQUILIBRIUMGENERAL EQUILIBRIUM MODELGENERAL EQUILIBRIUM MODELSGLOBAL TRADEHIGH WAGESHUMAN CAPITALIMPLICIT CONTRACTSIMPORT COMPETITIONINCOMEINCOME INEQUALITYINEXPERIENCED WORKERSINTERNATIONAL ECONOMICSINTERNATIONAL TRADEJOB LOSSJOB MATCHJOB TURNOVERJOBSLABOR ADJUSTMENTLABOR ALLOCATIONLABOR ALLOCATIONSLABOR DEMANDLABOR ECONOMICSLABOR FORCELABOR MARKETLABOR MARKET DYNAMICSLABOR MARKET OUTCOMESLABOR MARKET POLICIESLABOR MOBILITYLITERATUREMACROECONOMIC SHOCKSMACROECONOMICSMARGINAL PRODUCTMARKET EQUILIBRIUMMOTIVATIONOCCUPATIONAL MOBILITYOCCUPATIONSOPEN ACCESSOPEN ECONOMYOPTIMIZATIONOUTPUTSPAPERSPERMANENT JOBPOLITICAL ECONOMYPREVIOUS SECTIONPRODUCTION FUNCTIONPRODUCTION FUNCTIONSREAL WAGEREAL WAGESREGRESSION ANALYSISRETAIL TRADERETIREMENTSERVICE SECTORSKILLED LABORTRADE ACTTRADE BARRIERSTRADE LABORTRADE LIBERALIZATIONTRADE POLICIESTRADE POLICYTRADE REFORMSTRAINING COSTSUNEMPLOYMENTUNSKILLED LABORUNSKILLED WORKERSUTILITY FUNCTIONUTILITY FUNCTIONSWAGE DIFFERENTIALSWAGE INCREASESWAGESWORKERWORKER HETEROGENEITYWORKERSWORLD TRADEWORLD TRADE ORGANIZATIONWTOYOUNG WORKERSWorld Bank10.1596/1813-9450-6035