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Journal of Political Economy Vol. 118 No. 4 2010

Matching and Inequality in the World Economy

Arnaud Costinot1,2; Jonathan Vogel1

1 National Bureau of Economic Research · 2 Massachusetts Institute of Technology

open access

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.

DOI
10.1086/655858
Volume
118
Issue
4
Pages
747-786
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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