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firing restrictions. We explore the extent to which international trade alters this result. When economies trade, labor … market policies in one country spill over to other countries through their effect on the terms of trade. A key finding in the … economy only exports 30 percent of its goods. Thus, with international trade a country receives little to no benefit, and …
Persistent link: https://www.econbiz.de/10005015249
This paper describes the socio-economic adjustment effects exerted by globalization (taking as starting points competitive pressure, sectoral shifts, and financial market contagion) and discusses their relevance for domestic policy-making. I argue that these economic pressures and the resulting...
Persistent link: https://www.econbiz.de/10011259135
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10009646509
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with...
Persistent link: https://www.econbiz.de/10010265956
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10010307967
National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggest that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...
Persistent link: https://www.econbiz.de/10010309835
Using a unique French firm-level dataset, we study how international trade affects the wage bargaining process at the …
Persistent link: https://www.econbiz.de/10010797656
very small — only 0.13 percent of GDP by 2025. Taking into account the un-equalizing effect of trade on wages, this paper … potential gains of the TPP, and more than five times as large as the possible gains resulting from a much broader trade agenda. …
Persistent link: https://www.econbiz.de/10010693323
Unions are often stigmatized as being a source of inefficiency due to higher collective bargaining outcomes. This is in stark contrast with the descriptive evidence presented in this paper. Larger firms choose to export and are also more likely to adopt collective bargaining. We rationalize...
Persistent link: https://www.econbiz.de/10011086453
trade then comparative advantage can be generated through the difference in the degree of the labor market imperfection even … persists within the country, for both home and foreign, in spite of free trade and, free trade does not guarantee the reduction …
Persistent link: https://www.econbiz.de/10011111305