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GTAP Events: Center Seminar Series

"Labor Effects of Services Liberalization"
by Marinos Tsigas

We assess the U.S. labor effects of liberalization in foreign property and casualty insurance markets. First, we estimate the effects of barriers and regulations on U.S. cross-border sales and foreign affiliate sales. We then simulate the effects of liberalization in certain insurance markets with a partial equilibrium model of trade and foreign direct investment. Our findings suggest that liberalization could cause U.S. labor employment by insurance companies to increase by less than 1 percent.

Date/Time: 5/4/2009   11:30 AM - 01:00 PM
Location: KRAN 661