Trade and the Distribution of Welfare: An Empirical Approach (Trade)

Abstract:

Events such as Brexit and the rise of populist politicians have pushed globalization and inequality to the forefront of public policy discussions. The central question in this debate is who gains and who loses from globalization, and by how much? Addressing this question requires detailed data on international trade, individual income, and household consumption. In this project we will merge these three types of information into a unified dataset. Using this unified dataset, we will measure how international trade affects income and consumption patterns as well as welfare of Danish workers exposed to competition from abroad.