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cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In …The paper analyzes the labor market effects of globalization when foreign market entry is costly and risky. With … this situation, government unemployment benefits reduce the wages that exporting firm’s need to pay workers as risk …
Persistent link: https://www.econbiz.de/10005094333
The emergence of the Asian tiger countries and the participation of the ex-communist countries in world trade has … the capital intensive export sectors. The overreactions cause unemployment, sluggish growth, a current account surplus and …
Persistent link: https://www.econbiz.de/10005181378
, the effects of a globalization shock – modelled as the entry of newly industrializing countries into the trading world …This paper analyzes trade in an asymmetric 2×2×2 world, where the two countries, labelled America and Europe, differ in … the wages for skilled and unskilled workers, leading to involuntary unemployment of unskilled workers in equilibrium …
Persistent link: https://www.econbiz.de/10005405845
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...
Persistent link: https://www.econbiz.de/10010877633
changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor …
Persistent link: https://www.econbiz.de/10010877646
conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …
Persistent link: https://www.econbiz.de/10010877680
Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker’s absences and local unemployment rate (at the provincial level). We find …
Persistent link: https://www.econbiz.de/10010877736
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10010877790
how a person’s employment status affects cognitive well-being. Our results show that unemployment has a negative impact on … strengthens the loss in identity utility of men, but weakens that of women. Unemployment of a person’s partner reduces the …
Persistent link: https://www.econbiz.de/10010877791
impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …
Persistent link: https://www.econbiz.de/10010877796