Showing 1 - 10 of 14
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10010268928
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favours wage convergence, boosts competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10011506681
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10003755333
Persistent link: https://www.econbiz.de/10003818522
We develop a new general equilibrium model of monopolistic competition with heterogeneous firms, variable demand elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada-US interregional trade data, we structurally estimate a...
Persistent link: https://www.econbiz.de/10003868554
Persistent link: https://www.econbiz.de/10010195377
We develop a new general equilibrium monopolistic competition model with variable demand elasticity, heterogeneous firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are all endogenously determined and respond to trade...
Persistent link: https://www.econbiz.de/10009683263
Remote work is rapidly increasing in the U.S. Using data on full-time wage and salary workers from the 2017–2018 American Time Use Survey Leave and Job Flexibilities Module, we estimate hourly wage differentials for teleworkers and compare how workers allocate their time over the day when they...
Persistent link: https://www.econbiz.de/10013217971
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favours wage convergence, boosts competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10011599058
Remote work is rapidly increasing in the US. Using data on full-time wage and salary workers from the GHIJ-GHIL American Time Use Survey Leave and Job Flexibilities Module, we estimate hourly wage differentials between teleworkers and office workers and compare how teleworkers and office workers...
Persistent link: https://www.econbiz.de/10012422934