Showing 1 - 10 of 59
Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching models while preserving individual rationality. I evaluate the quantitative implications of such an approach. I feed through a series of estimated shocks from US data into a search...
Persistent link: https://www.econbiz.de/10009021626
This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage bargaining. It turns out that there is a strong tradeoff inherent in assuming that previously bargained sticky wages apply to new hires. If sticky wages apply to new hires, then the...
Persistent link: https://www.econbiz.de/10009216283
I evaluate the degree to which different wage-setting mechanisms in labor market search models can fit the aggregate facts on labor’s share. I find that staggered bargaining in nominal wages best allows the model to plausibly match the negative relationship between labor’s share and lagged...
Persistent link: https://www.econbiz.de/10009292397
This paper estimates the effects of offshoring on labour market inequalities between skill groups based on German industry level data from 1995 to 2007. Our main findings are the following: First, offshoring is on average biased in favour of high-skilled employees and in disfavour of low-skilled...
Persistent link: https://www.econbiz.de/10010886901
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired employees (entrants) receive their reservation wages....
Persistent link: https://www.econbiz.de/10010983128
German technology policy has undergone a remarkable change during the last years. The first thing to mention is that … technology policy in Germany takes a broader view now, focussing not only on knowledge creation (i.e. the invention process per … of regions as reference units for technology policy initiatives. The most prominent example is the BioRegio …
Persistent link: https://www.econbiz.de/10009276217
This paper provides empirical evidence on how the international diffusion of industrial process innovations is affected by a country's level of economic development. It analyses annual data on newly installed machinery in the spinning and weaving industries, where open-end rotors and shuttleless...
Persistent link: https://www.econbiz.de/10009276415
This paper looks at the importance of CSR considerations in the decision taken by a foreign affiliate of a multinational company about the choice of local suppliers. We investigate this empirically using unique firm level data for more than 2,000 foreign owned firms in 19 Sub-Saharan African...
Persistent link: https://www.econbiz.de/10011141147
We examine the role of foreign ownership structure in stimulating technology and skill upgrading, and exporting in … owners and Chinese firms can contribute positively to China’s “science and technology take-off” …
Persistent link: https://www.econbiz.de/10010886867
This paper develops a two-tier oligopoly model in which the entry of a multinational firm results in technology … under which the multinational transfer technology to its suppliers who in turn agree to serve the multinational exclusively …
Persistent link: https://www.econbiz.de/10010886981