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Persistent link: https://www.econbiz.de/10008495226
Persistent link: https://www.econbiz.de/10008495228
It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and communicate with the public so as to maintain...
Persistent link: https://www.econbiz.de/10008495245
This paper investigates empirically the link between international outsourcing and the skill structure of labour demand … in the United Kingdom. It is the first detailed study of this issue for the UK. Outsourcing is calculated using import … factor demands, our main results show that international outsourcing has had a strong negative impact on the demand for …
Persistent link: https://www.econbiz.de/10004963926
This paper presents an empirical analysis of "outsourcing" using establishment level data for UK manufacturing … industries. We analyse an establishment's decision to outsource and the subsequent effects of outsourcing on the establishment …'s productivity. We compare outsourcing in domestic with foreign-owned establishments. Our empirical results suggest that high wages …
Persistent link: https://www.econbiz.de/10005069041
Our paper investigates the link between international outsourcing and wages utilising a large household panel and … combining it with industry level information on industries' outsourcing activities from input-output tables. By doing so we can … outsourcing has had a marked impact on wages. Distinguishing three skill categories we find evidence that outsourcing reduced the …
Persistent link: https://www.econbiz.de/10005069046