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positive net effect on native employment while offshoring has no effect on it. We also find some evidence that offshoring has …How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it … possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation …
Persistent link: https://www.econbiz.de/10008680751
We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in … the country of origin. Offshoring is associated with reduced feedback from offshored plants to domestic labs as well as … static decision to relocate plants but not R&D. Hence, offshoring may be chosen by firms when it damages the growth rate of …
Persistent link: https://www.econbiz.de/10005123630
-skilled employment in headquarter countries. We estimate of the impact offshoring inventors has on firms' use of inventors at home using …
Persistent link: https://www.econbiz.de/10011084698
labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the … employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact …
Persistent link: https://www.econbiz.de/10005792043
The paper shows that monetary policy shocks exert a substantial effect on the size and composition of capital flows and the trade balance for the United States, with a 100 basis point easing raising net capital inflows and lowering the trade balance by 1% of GDP, and explaining about 20-25% of...
Persistent link: https://www.econbiz.de/10008692318
The paper analyses the global spillovers of the Federal Reserve’s unconventional monetary policy measures since 2007. First, we find that Fed measures in the early phase of the crisis (QE1), but not since 2010 (QE2), were highly effective in lowering sovereign yields and raising equity markets...
Persistent link: https://www.econbiz.de/10011083739