Labor market adjustments after a large import shock: Evidence from the German clothing industry and the Multi-Fibre Arrangement
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level using difference-in-differences. Our results suggest relatively small increases in unemployment risk and no wage effects on the individual level, despite a 30% increase in plant mortality. Part of the different effects found for plants and individuals can be attributed to the reallocation of workers into other industries and occupations.
Year of publication: |
2009-12
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Authors: | Braakmann, Nils ; Wagner, Joachim |
Saved in:
freely available
Extent: | application/pdf |
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Series: | Working Paper Series in Economics. - ISSN 1860-5508. |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Number 155 34 pages |
Source: |
Persistent link: https://www.econbiz.de/10008556801
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