Showing 1 - 10 of 417
This paper examines the long-run effects of growth on unemployment. It assumes that growth arises explicitly from the introduction of new technologies, which require labour re-allocation for their implementation. Using a variant of the search theory developed by Pissarides, the paper shows how...
Persistent link: https://www.econbiz.de/10005656258
We find that trade unions have a rational incentive to oppose the adoption of labour-saving technology when labour demand is inelastic and unions care much for employment relative to wages. Trade liberalization typically increases trade union technology opposition. These conclusions are reached...
Persistent link: https://www.econbiz.de/10005123737
Using micro data for Belgium we investigate the relationship between occupational tasks changes and the rise of service trade. We focus the analysis on the extensive margin and look at the heterogeneous proliferation of firms involved in exports and imports of services across sectors...
Persistent link: https://www.econbiz.de/10011084731
We compare the trade and labour approaches to wage inequality. We first look at the theoretical differences, stressing the different roles ascribed to sector and factor bias, labour supply and the theory of technical change in trade models with endogenous prices. We then briefly review some of...
Persistent link: https://www.econbiz.de/10005792416
, greater wage inequality presents opportunities to increase aggregate productivity by concentrating market work among more … the result of a welfare gain of around 5% from the endogenous increase in productivity coupled with a loss of around 7 …
Persistent link: https://www.econbiz.de/10005123728
shaping welfare, trade flows, productivity, and unemployment. We show that both countries gain from trade but that the …
Persistent link: https://www.econbiz.de/10008477175
This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these frameworks, and the empirical studies that sprouted from them.
Persistent link: https://www.econbiz.de/10011083409
productivity and efficiency via its impact on sorting and matching in the labor market. Some of the most recent contributions also …
Persistent link: https://www.econbiz.de/10011083458
We develop a neoclassical trade model with heterogeneous factors of production. We consider a world with two factors, labor and "managers", each with a distribution of ability levels. Production combines a manager of some type with a group of workers. The output of a unit depends on the types of...
Persistent link: https://www.econbiz.de/10011084509
Foreign-owned firms are often hypothesized to generate productivity “spillovers” to the host country, but both …-ante identical workers learn from their employers in proportion to the firm’s productivity. Foreign-owned firms have, on average …, higher productivity in equilibrium due to entry costs, which means that low-productivity foreign firms cannot enter. Foreign …
Persistent link: https://www.econbiz.de/10005792490