Recent developments on trade and inequality

Mi Dai

Journal of Economic Surveys, 2023, vol. 37, issue 5, 1636-1659

Abstract: This paper surveys developments in the literature on trade and inequality over the past decade. I first discuss the impact of trade on nominal income inequality, with a focus on firm heterogeneity and the role of mobility frictions. Then, I provide an overview of the literature on the redistributional role of government in an open economy. Finally, I assess the current state of studies on how trade affects real income inequality through the expenditure channel.

Date: 2023
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https://doi.org/10.1111/joes.12546

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Persistent link: https://EconPapers.repec.org/RePEc:bla:jecsur:v:37:y:2023:i:5:p:1636-1659

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