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The Next Generation of the Penn World Table

By Robert C. Feenstra, Robert Inklaar, and Marcel P. Timmer

American Economic Review, October 2015

We describe the theory and practice of real GDP comparisons across countries and over time. Version 8 of the Penn World Table expands on previous versions in three respects. First, in addition to comparisons of living standards using components of real GD...

Trade Liberalization and Gender Inequality

By Chinhui Juhn, Gergely Ujhelyi, and Carolina Villegas-Sanchez

American Economic Review, May 2013

We consider a model where firms differ in their productivity and workers are differentiated by skill and gender. A reduction in tariffs induces more productive firms to modernize their technology and enter the export market. New technologies involve compu...