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It is widely believed that globalization increases the volatility of employment and decreases the bargaining power of workers. One mechanism explaining this relationship is given by the long-standing Hicks-Marshall laws of derived demand: with international trade increasing competition and...
Persistent link: https://www.econbiz.de/10009771744
between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010379275
that results are very sensitive to the treatment of hourly wages in the estimation. For example, different (sensible …
Persistent link: https://www.econbiz.de/10011820320