Showing 1 - 10 of 19,991
This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to unemployment and a channel for the government to...
Persistent link: https://www.econbiz.de/10010981404
-reforming countries may react to this loss in competitiveness by initiating cooperative labor market reforms instead. -- FDI … ; globalization ; search unemployment ; labor market institutions …
Persistent link: https://www.econbiz.de/10009628611
margin. Whether a country benefits from foreign direct investments (FDI) in terms of unemployment depends on the respective … country's net-FDI, measured as the difference between in- and outward FDI. The link between FDI and unemployment derived in … the model is tested using macroeconomic data for 19 OECD countries on unemployment, FDI, and labor market institutions …
Persistent link: https://www.econbiz.de/10011048254
A widely held view among the public is that trade liberalization increases unemployment. Using state and industry-level unemployment and trade protection data from India, we find no evidence of any unemployment increasing effect of trade reforms. In fact, our state-level analysis reveals that...
Persistent link: https://www.econbiz.de/10010574928
A widespread concern is that labor market institutions erode in the course of globalization, which, in turn, decreases … employment and wages. By using panel data and cross-sectional data, I investigate the influence of globalization on labor market … regulation. I use the indicators of labor market institutions by Gwartney et al. (2012) and the KOF indices of globalization. To …
Persistent link: https://www.econbiz.de/10010682518
Norway has a well-functioning labour market with high employment and a compressed wage distribution, contributing to low inequality. Norway nevertheless faces challenges from a trend decline in employment rates among the young and prime-age men. Furthermore, immigrants and people with...
Persistent link: https://www.econbiz.de/10012203282
focus on the impact of outward foreign direct investment (FDI) from OECD countries on employment in the home country of the … affected more strongly. The empirical findings in the paper suggest that the aggregate employment impact of outward FDI varies …
Persistent link: https://www.econbiz.de/10012445821
We develop a frictional labor market model with multiple regions and heterogeneous firms to study how frictions impeding labor mobility across space affect the joint allocation of labor across firms and regions. Bringing the model to matched employer-employee data from Germany, we find that...
Persistent link: https://www.econbiz.de/10013334515
This paper studies how a country's labor market institutions, by affecting workers' skill acquisition, can shape its export patterns. I develop an open-economy model in which workers undertake non-contractible activities to acquire firm-specific skills on the job. In the model, labor market...
Persistent link: https://www.econbiz.de/10010577698
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade liberalization causes higher unemployment in countries with comparative advantage in sectors with strong labor market frictions and leads to...
Persistent link: https://www.econbiz.de/10011084120