Pinelopi Koujinou Goldberg, assistant professor of economics at Princeton University, will investigate how the growth in international trade has affected American workers of different skill levels. Goldberg uses the exchange rate, which has varied considerably and is highly correlated with import prices, as a measure of trade levels, and draws parallels with changes in American wages and employment. She examines which workers have lost jobs and why, the relative length of unemployment, and the sources of new jobs. Are displaced workers more likely to remain in import competing industries, or to be absorbed into other economic sectors? Goldberg's work will shed light on the role of increased competition on growing wage inequality.