We study direct and indirect effects of Chinese import competition on union membership in the United States, 1990–2014. Import competition in manufacturing induced a modest decline in unionization within manufacturing industries. The magnitude is small ...

www.aeaweb.org/articles?id=10.1257/pol.20200709

Global trade and unionization

[Research Highlight]

December 01, 2023

What role did the surge in China imports have on already declining union rates?

www.aeaweb.org/research/import-competition-unionization-us

What Drives Intergenerational Mobility? The Role of Family, Neighborhood, Education, and Social Class: A Review of Bukodi and Goldthorpe's Social Mobility and Education in Britain

By Kjell G. Salvanes

Journal of Economic Literature, December 2023

The main finding of Bukodi and Goldthorpe (2019), using social status based on occupation groupings, is that there have not been improvements nor any decline in relative intergenerational mobility in Britain since World War II in terms of social class. No...

www.aeaweb.org/articles?id=10.1257/jel.20211622

The Global Infrastructure Gap: Potential, Perils, and a Framework for Distinction

By Camille Gardner and Peter Blair Henry

Journal of Economic Literature, December 2023

In 2015, the World Bank claimed that rich-country private capital could: (i) close the infrastructure services gap in poor countries, (ii) achieve the sustainable development goals, and (iii) make money by moving from "billions to trillions" of investme...

www.aeaweb.org/articles?id=10.1257/jel.20221530

Children and the Remaining Gender Gaps in the Labor Market

By Patricia Cortés and Jessica Pan

Journal of Economic Literature, December 2023

The past five decades have seen a remarkable convergence in the economic roles of men and women in society. Yet, persistently large gender gaps in terms of labor supply, earnings, and representation in top jobs remain. Moreover, in countries like the Un...

www.aeaweb.org/articles?id=10.1257/jel.20221549

Cash Is Alive: How Economists Explain Holding and Use of Cash

By Oz Shy

Journal of Economic Literature, December 2023

Research on holding and use of cash involves many aspects, such as reasons for holding and hoarding cash, transactional demand for cash, cash management, type of spending paid with cash, type of consumer who pays cash, merchant acceptance, how consumers g...

www.aeaweb.org/articles?id=10.1257/jel.20221632

Firm-Level Upgrading in Developing Countries

By Eric Verhoogen

Journal of Economic Literature, December 2023

In principle, firms in developing countries benefit from the fact that advanced technologies and products have already been developed in industrialized countries and can simply be adopted, a process often referred to as industrial upgrading. But for many ...

www.aeaweb.org/articles?id=10.1257/jel.20221633

A Fed for Our Times: A Review Essay on 21st Century Monetary Policy by Ben Bernanke

By Lucrezia Reichlin

Journal of Economic Literature, December 2023

This essay reviews 21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 by Ben Bernanke, a fascinating account of the evolution of the Fed since the 1950s, and a stalwart defense of the status quo: of the Fed's r...

www.aeaweb.org/articles?id=10.1257/jel.20231722