Globalization, Inequality and Welfare
---- Acknowledgments ----
We thank Nathan Hendren and Esteban Rossi-Hansberg for fruitful conversations during the early stages of this project. This paper was previously circulated under the title “Inequality, Costly Redistribution and Welfare in an Open Economy”. We are indebted to Xiang Ding and Teresa Fort for their help obtaining a key moment in our calibration from U.S. Census data, and to Daniel Feenberg for his assistance with the NBER-IRS data. We are also grateful to seminar audiences at LSE, Barcelona Summer Forum, Degit XX in Geneva, SED in Warsaw, AEEFI in San Sebastián, Penn State, ITSG in Rome, IMF, Princeton, Stanford, UBC, National University of Singapore, Lausanne, NOITS in Oslo, Bocconi, Seoul National University, Bayreuth, Harvard, and the Federal Reserve Board for their suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Pol Antràs ----
The author declares that he has no relevant or material financial interests that relate to the research described in this paper.
The data used in this paper is for the most part publicly available. Our understanding, however, is that we will not be able to post the NBER-IRS Public Use Samples on the AER website. The data is, however, easily accessible by NBER researchers, and we will certainly provide code for replication purposes.