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Globalization and the Provision of Incentives Inside the Firm
Cuñat, Vicente; Guadalupe, Maria - C.E.P.R. Discussion Papers - 2006
globalization on the labour market outcomes of these workers. We find that higher foreign competition leads to more incentive …
Persistent link: https://www.econbiz.de/10005124375
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A New Look at Offshoring and Inequality: Specialization Versus Competition
Ekholm, Karolina; Ulltveit-Moe, Karen-Helene - C.E.P.R. Discussion Papers - 2007
fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a … rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative …
Persistent link: https://www.econbiz.de/10005123637
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Inequality of Earnings
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
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The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices
Auer, Raphael; Fischer, Andreas M; Kropf, Andreas - C.E.P.R. Discussion Papers - 2011
What is the impact of Chinese import competition on Nordic producer prices? In a panel covering 23 (2 digit) NACE manufacturing sectors from 1995 to 2008, instrumental variable estimations predict that when Chinese imports capture a 1% increase in market share, Nordic producer prices decrease by...
Persistent link: https://www.econbiz.de/10009275961
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The Political Economy of Education and Development in an Open Economy
Bourguignon, François; Verdier, Thierry - C.E.P.R. Discussion Papers - 2001
If the price effect of opening up a developing economy may be expected to act as a disincentive for investment in human capital, the opposite is likely to be true of the income effect, especially in the presence of credit market imperfections among the poor. It is shown in this Paper that this...
Persistent link: https://www.econbiz.de/10005662307
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Can Deunionization Lead to International Outsourcing?
Lommerud, Kjell Erik; Meland, Frode; Straume, Odd Rune - C.E.P.R. Discussion Papers - 2008
countries. We further show that globalization - interpreted as either market integration or increased product market competition …
Persistent link: https://www.econbiz.de/10005662344
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How to Save Globalization from its Cheerleaders
Rodrik, Dani - C.E.P.R. Discussion Papers - 2007
The new conventional wisdom on globalization emphasizes that reaping the benefits of trade and financial integration is … alike. An alternative approach to globalization would focus on enhancing policy space rather than market access, and on …
Persistent link: https://www.econbiz.de/10005666608
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Does Globalization Create Superstars?
Gersbach, Hans; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2007
To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, that is, the simultaneous …
Persistent link: https://www.econbiz.de/10005666641
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High Skilled Migration and the Exertion of Effort by the Local Population
Epstein, Gil S; Kunze, Astrid; Ward-Warmedinger, Melanie - C.E.P.R. Discussion Papers - 2002
The design of optimal immigration policy, particularly in the face of the spiraling demand for highly skilled workers, such as IT workers and engineers, is a topical issue in the policy debate as well as the economic literature. In this paper, we present empirical evidence from firm-level data...
Persistent link: https://www.econbiz.de/10005666778
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The Impact of Globalization on the Equity Cost of Capital
Hardouvelis, Gikas A; Malliaropoulos, Dimitrios; … - C.E.P.R. Discussion Papers - 2004
equity changes as globalization takes place. This is because the launch of the single currency has led to the elimination of … among EU investors. We focus not only on the impact of globalization on the level of the cost of equity, but also on the …
Persistent link: https://www.econbiz.de/10005666905