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Rent Building, Rent Sharing: A Panel Country-Industry Empirical Analysis

Askenazy, Philippe; Cette, Gilbert; Maarek, Paul - Institute for the Study of Labor (IZA) - 2012

Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...

Persistent link: https://www.econbiz.de/10010541268

Did the National Minimum Wage Affect UK Prices?

Wadsworth, Jonathan - Institute for the Study of Labor (IZA) - 2009

wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects … of the introduction and subsequent uprating of the minimum wage on the prices of UK goods and services, comparing the … prices of goods produced by industries in which UK minimum wage workers make up a substantial share of total costs with the …

Persistent link: https://www.econbiz.de/10008565190

The Economics of Risky Health Behaviors

Cawley, John; Ruhm, Christopher J. - Institute for the Study of Labor (IZA) - 2011

Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary lifestyles (leading to obesity) are a major source of preventable deaths. This chapter overviews the theoretical frameworks for, and empirical evidence on, the economics of risky...

Persistent link: https://www.econbiz.de/10009024597

The Rise of the East and the Far East: German Labor Markets and Trade Integration

Dauth, Wolfgang; Findeisen, Sebastian; Suedekum, Jens - Institute for the Study of Labor (IZA) - 2012

We analyze the effects of the unprecedented rise in trade between Germany and "the East" – China and Eastern Europe – in the period 1988–2008 on German local labor markets. Using detailed administrative data, we exploit the cross-regional variation in initial industry structures and use...

Persistent link: https://www.econbiz.de/10011168619

Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy

Cosar, A. Kerem; Guner, Nezih; Tybout, James - Institute for the Study of Labor (IZA) - 2013

This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...

Persistent link: https://www.econbiz.de/10011168625

Financial Liberalization and the Relationship-Specificity of Exports

Defever, Fabrice; Suedekum, Jens - Institute for the Study of Labor (IZA) - 2013

We investigate the causal impact of equity market liberalizations in the period 1980‐1997 on sectoral export performance across 91 countries. The increased availability of external finance has boosted trade of industries that intensively use relationship‐specific inputs, and lowered exports...

Persistent link: https://www.econbiz.de/10010764593

Isolating the Network Effect of Immigrants on Trade

Aleksynska, Mariya; Peri, Giovanni - Institute for the Study of Labor (IZA) - 2012

Within the migration-trade nexus literature, this paper proposes a more carefully defined measure of migration business networks, and quantifies its impact on bilateral trade. Using cross-sectional data and controlling for the overall bilateral stock of migrants, the share of migrants employed...

Persistent link: https://www.econbiz.de/10010584366

Firm Dynamics and Residual Inequality in Open Economies

Felbermayr, Gabriel; Impullitti, Giammario; Prat, Julien - Institute for the Study of Labor (IZA) - 2014

Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....

Persistent link: https://www.econbiz.de/10010744665

Ethnic Networks and International Trade

Epstein, Gil S.; Gang, Ira N. - Institute for the Study of Labor (IZA) - 2004

There is a well-established high quality literature on the role of networks, particularly ethnic networks, in international trade. Ethnic networks are a way of overcoming informal barriers (information costs, risk and uncertainty) to trade by building trust and substituting for the difficulty of...

Persistent link: https://www.econbiz.de/10005763717

National Champion versus Foreign Takeover

Suedekum, Jens - Institute for the Study of Labor (IZA) - 2007

We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...

Persistent link: https://www.econbiz.de/10005763853