資本蓄積を組み込んだ世代重複モデルにおける貿易と不平等

2024年7月公表のセントルイス連銀ワーキングペーパー。原題は「Trade and Inequality in an Overlapping Generations Model with Capital Accumulation」2で、著者はJun Nie, B. Ravikumar, and Michael J. Sposi。以下はその要旨。We study the lifecycle aspect of within-country inequality that stems from capital and labor services supplied by individuals. Our environment is a combination of a multicountry trade model and an overlapping generations model with production and capital accumulation. Trade liberalization increases the measured total factor productivity in each country, which increases the marginal product of capital and incentivizes capita

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