Showing 1 - 8 of 8
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10012462382
The Great Recession tested the ability of the "great U.S. jobs machine" to limit the severity of unemployment in a major economic downturn and to restore full employment quickly afterward. In the crisis the American labor market failed to live up to expectations. The level and duration of...
Persistent link: https://www.econbiz.de/10012459074
Workers have responded differently to declining union density in the US and UK. US workers have unfilled demand for unions whereas many UK workers free-ride at unionized workplaces. To explain this difference, we create a scalar measure of worker needs for representation and relate desire for...
Persistent link: https://www.econbiz.de/10012466359
.S. parents and their affiliates reflected differences among industries in the extent to which export production shares moved from …
Persistent link: https://www.econbiz.de/10012477528
characteristics of investing firms within individual industries.Despite its importance in determining the probability that a firm … in industries other than machinery R&D - intensive firms were more inclined than others to license technology, while in … the machinery industries, R&D - intensive firms tended to license less:to exploit their technological capital in foreign …
Persistent link: https://www.econbiz.de/10012477998
Using confidential individual firm data from the Bureau of Economic Analysis survey of U.S. firms' manufacturing operations abroad, we investigate the determinants of capital intensity in affiliate operations. Host country labor cost, the scale of host country production, and the capital...
Persistent link: https://www.econbiz.de/10012468251
in periods of high U.S. growth and take place mainly in industries in which the investing country has some comparative … advantage in exporting. New establishments are largely in industries of U.S. comparative disadvantage, and the relation of U … originate in countries with comparative advantages in particular industries and flow to industries of U.S. comparative …
Persistent link: https://www.econbiz.de/10012469589
some industries and periods, the initial level of Japanese affiliate employment, or changes in Japanese affiliate …
Persistent link: https://www.econbiz.de/10012470135