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Persistent link: https://www.econbiz.de/10010313140
It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and communicate with the public so as to maintain...
Persistent link: https://www.econbiz.de/10010314347
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Persistent link: https://www.econbiz.de/10008495226
It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and communicate with the public so as to maintain...
Persistent link: https://www.econbiz.de/10008495245
Our paper investigates the link between outsourcing and wages utilising a large household panel and combining it with … industry level information on industries? outsourcing activities from input-output tables. By doing so we can arguably overcome … fragmentation has had a marked impact on wages. Distinguishing three skill categories we find evidence that outsourcing reduced the …
Persistent link: https://www.econbiz.de/10010277444
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This paper investigates the effects of services offshoring on wages using individual level data combined with industry … information on offshoring. Our results show that services offshoring affects the real wage of low and medium skilled individuals … negatively. By contrast, skilled workers benefit from services offshoring in terms of higher real wages. Hence, offshoring has …
Persistent link: https://www.econbiz.de/10010277450
Recent empirical studies have been searching for evidence on and driving forces for offshoring. Typically, this search … incomplete specialisation with complete specialisation as a natural limiting case. Results support evidence for offshoring … latest waves of offshoring activities from old to new EU members may have been more likely to hurt (low-skill) workers in the …
Persistent link: https://www.econbiz.de/10010281900