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Matching and Inequality in the World Economy

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  • Arnaud Costinot
  • Jonathan Vogel

Abstract

This paper develops tools and techniques to analyze the determinants of factor allocation and factor prices in economies with a large number of goods and factors. The main results of our paper characterize sufficient conditions for robust monotone comparative statics predictions in a Roy-like assignment model. These general results are then used to generate new insights about the consequences of globalization. (c) 2010 by The University of Chicago. All rights reserved.

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  • Arnaud Costinot & Jonathan Vogel, 2010. "Matching and Inequality in the World Economy," Journal of Political Economy, University of Chicago Press, vol. 118(4), pages 747-786, August.
    • Handle: RePEc:ucp:jpolec:v:118:y:2010:i:4:p:747-786
    DOI: 10.1086/655858
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    More about this item

    JEL classification:

    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • F10 - International Economics - - Trade - - - General
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General

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