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Offshoring and Directed Technical Change

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

We study the short- and long-run implications of offshoring on innovation, technology adoption, wage and income …-abundant West to a skill-scarce East. Profit maximization determines both the extent of offshoring and technological progress …. offshoring induces technical change with an ambiguous factor bias. When the initial level of offshoring is low, an increase in …

Persistent link: https://www.econbiz.de/10010950605

The Skill Bias of World Trade

Epifani, Paolo; Gancia, Gino - Barcelona Graduate School of Economics (Barcelona GSE) - 2004

Under plausible assumptions about preferences and technology, the model in this paper suggests that the entire volume of world trade matters for wage inequality. Therefore, trade integration, even among identical countries, is likely to increase the skill premium. Further, we argue that...

Persistent link: https://www.econbiz.de/10010547181

Price of Anarchy in Sequencing Situations and the Impossibility to Coordinate

Hamers, Herbert; Klijn, Flip; Slikker, Marco - Barcelona Graduate School of Economics (Barcelona GSE) - 2013

Scheduling jobs of decentralized decision makers that are in competition will usually lead to cost inefficiencies. This cost inefficiency is studied using the Price of Anarchy (PoA), i.e., the ratio between the worst Nash equilibrium cost and the cost attained at the centralized optimum. First,...

Persistent link: https://www.econbiz.de/10010851455

Affirmative Action through Minority Reserves: An Experimental Study on School Choice

Klijn, Flip; Pais, Joana; Vorsatz, Marc - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

Minority reserves are an affirmative action policy proposed by Hafalir et al. (2013) in the context of school choice. We study in the laboratory the effect of minority reserves on the outcomes of two prominent matching mechanisms, the Gale-Shapley and the Top Trading Cycles mechanisms. Our first...

Persistent link: https://www.econbiz.de/10010950612