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Trade in Business Services in General Equilibrium

Markusen, James R.; Strand, Bridget - C.E.P.R. Discussion Papers - 2007

Trade in business services has been attracting attention from academic researchers, policy makers, and business journalists. While there are many anecdotes, there has been little in the way of formal theory applied to this issue. In this paper, we adapt a general model of fragmentation of...

Persistent link: https://www.econbiz.de/10005662176

Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI

Markusen, James R. - C.E.P.R. Discussion Papers - 2005

Trade theory consists of a portfolio of models. What elements might be useful in modeling the offshoring of white … characteristics of offshoring, and then use those models to identify the effects of technological or institutional changes which allow … offshoring of white-collar services to occur. …

Persistent link: https://www.econbiz.de/10005667130

International Welfare and Employment Linkages Arising from Minimum Wages

Egger, Hartmut; Egger, Peter; Markusen, James R. - C.E.P.R. Discussion Papers - 2009

employment expansion, an effect quite different from the source of gains from trade in the conventional approach. Second, we show … workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …

Persistent link: https://www.econbiz.de/10004964417

Expansion of Trade at the Extensive Margin: A General Gains-from-Trade Result and Illustrative Examples

Markusen, James R. - C.E.P.R. Discussion Papers - 2010

paper is motivated by recent evidence that trade has greatly expanded on the extensive margin (aka fragmentation, offshoring …

Persistent link: https://www.econbiz.de/10008468576

Comparing the Effectiveness of Employment Subsidies

Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2007

This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures … efficiency" (AWE). Thereby we can identify policies that (a)improve employment and welfare, (b)do not raise earnings inequality …

Persistent link: https://www.econbiz.de/10005666681

An Incentive Theory of Matching

Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2009

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...

Persistent link: https://www.econbiz.de/10005000439