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Decompositions of Wage Inequality and Growth in an Advanced Economy open to Trade

Edwards, T. Huw; Lücke, Matthias - Institut für Weltwirtschaft (IfW) - 2011

We explore the uses of double-calibrated general equilibrium models as a decomposition tool for analysing contributory factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to start and end years, based upon an assumed functional...

Persistent link: https://www.econbiz.de/10009395928

Wage subsidies and international trade: When does policy coordination pay?

Braun, Sebastian; Spielmann, Christian - Institut für Weltwirtschaft (IfW) - 2012

National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggests that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an...

Persistent link: https://www.econbiz.de/10009646509

Wage subsidies and international trade: When does policy coordination pay?

Braun, Sebastian; Spielmann, Christian - Institut für Weltwirtschaft (IfW) - 2010

National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, a fact widely ignored in the academic literature. This paper studies the effects of wage subsidies in an international duopoly model with...

Persistent link: https://www.econbiz.de/10008592858

Why should sub-Saharan Africa care about the Doha development round?

Draper, Peter; Freytag, Andreas; Al Doyaili, Sarah - Institut für Weltwirtschaft (IfW) - 2012

trade and investment flows. This has led to an appreciable improvement in development levels, albeit off a small base …. Increased trade and investment flows, particularly related to network services, would be of great benefit to the sub … in agricultural trade, inhibit economic diversification into more value-adding activities. The Doha development round …

Persistent link: https://www.econbiz.de/10010956038

The possible trinity: Optimal interest rate, exchange rate, and taxes on capital flows in a DSGE model for a small open economy

Escudé, Guillermo J. - Institut für Weltwirtschaft (IfW) - 2014

A traditional way of thinking about the exchange rate regime and capital account openness has been framed in terms of the 'impossible trinity' or 'trilemma', according to which policymakers can only have two of three possible outcomes: open capital markets, monetary independence and pegged...

Persistent link: https://www.econbiz.de/10010956090

A DSGE model for a SOE with systematic interest and foreign exchange policy in which policymakers exploit the risk premium for stabilization purposes

Escudé, Guillermo J. - Institut für Weltwirtschaft (IfW) - 2012

This paper builds a DSGE model for a small open economy (SOE) in which the central bank systematically intervenes both the domestic currency bond and the FX markets using two policy rules: a Taylor-type rule and a second rule in which the operational target is the rate of nominal currency...

Persistent link: https://www.econbiz.de/10010956130

More Coffee, More Cigarettes? Coffee Market Liberalisation, Gender, and Bargaining in Uganda

Golan, Jennifer; Lay, Jann - Institut für Weltwirtschaft (IfW) - 2008

Focusing on intra-household allocation, we investigate the effects of coffee market liberalisation in Uganda. As coffee has traditionally been a male domain, higher income from this activity might increase gender disparities. In addition, gender-related inefficiency in household production might...

Persistent link: https://www.econbiz.de/10005755275

Does growth attract FDI?

Iamsiraroj, Sasi; Doucouliagos, Hristos - Institut für Weltwirtschaft (IfW) - 2015

FDI is seen widely as a vital source of investment, technology transfer, and growth. The factors that attract FDI have been a longstanding source of debate. The authors present a comprehensive assessment of the accumulated evidence on one factor, the success of economic growth in attracting FDI....

Persistent link: https://www.econbiz.de/10011203162

Intra-Firm Trade and Employment in US Manufacturing

Blanas, Sotiris - Institut für Weltwirtschaft (IfW) - 2012

This paper studies the impact of trade within US-headquartered multinational companies (MNCs) on labour demand for all …

Persistent link: https://www.econbiz.de/10010886831

Offshoring, Wages and Job Security of Temporary Workers

Görg, Holger; Görlich, Dennis - Institut für Weltwirtschaft (IfW) - 2012

We investigate the impact of offshoring on individual level wages and unemployment probabilities and pay particular attention to the question of whether workers on temporary contracts are affected differently than workers on permanent contracts. Data are taken from the German Socio-Economic...

Persistent link: https://www.econbiz.de/10010886884