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When materials offshoring is measured by estimating imported intermediate inputs, a common assumption used is that an … the 3-digit I-O industry level, there is a correlation of 0.68 between the offshoring shares made with and without the …
Persistent link: https://www.econbiz.de/10012460742
Persistent link: https://www.econbiz.de/10003684216
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …
Persistent link: https://www.econbiz.de/10012458271
employment opportunities for which they have comparative advantage. This framework yields a simple equation linking wage changes … offshoring) rather than those of rising market power, markups or deunionization, which themselves do not appear to play a major …
Persistent link: https://www.econbiz.de/10012585404
not on differential trends and do not enjoy higher output, investment, or employment growth thereafter. Using manager …
Persistent link: https://www.econbiz.de/10013172173
optimal taxation of capital and labor would raise employment by 4.02% and the labor share by 0.78 percentage points, and … employment by 1.14-1.96%, but in this case efficiency can be increased by imposing an additional automation tax to reduce the … workers, reducing employment below its socially optimal level. We additionally show that reducing labor taxes or combining …
Persistent link: https://www.econbiz.de/10012482009
Recent studies argue that US inequality has increased less than previously thought, in particular due to a more modest rise of wealth and capital income at the top (Smith et al., 2019; Smith, Zidar and Zwick, 2020; Auten and Splinter, 2019). We examine the claims made in these papers point by point,...
Persistent link: https://www.econbiz.de/10012482141
as they expand AI hiring. However, we find no discernible relationship between AI exposure and employment or wage growth …
Persistent link: https://www.econbiz.de/10012482476
' employment from the Census Bureau's business register to examine wholesalers and retailers in U.S. exports and imports. Exporters … and importers with 100 percent employment in wholesale and retail differ from pure "producer and consumer" trading firms … along a number of dimensions: they are smaller in terms of employment, trade value and domestic sales, operate fewer U …
Persistent link: https://www.econbiz.de/10012462991
Recent research in international trade emphasizes the importance of firms' extensive margins for understanding overall patterns of trade as well as how firms respond to specific events such as trade liberalization. In this paper, we use detailed U.S. trade statistics to provide a broad overview...
Persistent link: https://www.econbiz.de/10012463985