General Equilibrium Analysis
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Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01
In this video, Professor Moran unpacks General Equilibrium Analysis and continues to examine the following question: What do standard trade models predict about the impact of trade liberalization on wage inequality?Learning Objective: Describe what standard trade models predict about the impact of trade liberalization on wage inequality.Learning Objective: Describe the impact of trade and foreign direct investment liberalization on the number of jobs in the economy.Learning Objective: Recognize the limitations of models in relation to empirical evidence.Learning Objective: Explain the impact of trade expansion on the kinds of jobs in the economy, and associated wages.
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Moran, Theodore (Georgetown University, 2013-11-05)Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01