TRADE SHOCKS AND HIGHER‐ORDER EARNINGS RISK IN LOCAL LABOR MARKETS
以巴西为例，研究中国进口冲击如何影响地方劳动力市场收入分布，发现进口渗透增加导致收入更分散且左偏，原因在于工作转换和行业流动带来的工时波动。
Abstract This article investigates the relationship between international trade and asymmetrical labor income risk. Using the case study of Brazil, we inspect how an increase in import penetration following the China shock impacted the distribution of idiosyncratic earnings changes across the country's local labor markets. We find that an increase in import penetration leads to a more dispersed and negatively skewed distribution. These effects can be explained by an increase in the volatility of hours worked following job and industry transitions, particularly from involuntary job separations.