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Discussion Paper
The Effect of Export Market Access on Labor Market Power: Firm-level Evidence from Vietnam
Many developing and developed countries have experienced a declining labor share of national output in recent decades (Karabarbounis and Neiman, 2014). Some blame the decline on globalization, although it is surprisingly unclear whether and how globalization is a key contributing factor (Grossman and Oberfield, 2022).
Discussion Paper
Mind the Gap: Announced versus Implied Tariff Rates in Recent Trade Policy Episodes
In the past year, the U.S. has raised its tariffs on trading partners to a historic level. The tariff rate implied by actual tariff payments owed by importers, however, falls short of the tariff rate implied by announced policies (Gopinath and Neiman, 2026).