The China Shock: Economic and Political Consequences of China's Rise for the United States
David Autor (MIT) will discuss the impacts on consumers, labor markets, and inequality.
David Autor (MIT) will discuss the impacts on consumers, labor markets, and inequality.
David Autor is Ford Professor of Economics at MIT and Director of the National Bureau of Economic Research (NBER)'s Disability Research Center. In this talk, he will discuss how China’s emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it has challenged much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside the heralded consumer benefits of expanded trade are substantial adjustment costs and distributional consequences.
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Kyle Murphy