Showing 1 - 10 of 390
While the impact of globalization on income inequality has received a lot of attention,little is known about its effect … and non-exporters. By the virtue of being exposed to higher competition, exporters require greater commitment and … men, exporters will statistically discriminate against female employees and will exhibit a higher GWG than non-exporters …
Persistent link: https://www.econbiz.de/10011196036
on the stark assumption that exporters’ superior performance is due to intrinsic firm efficiency. We investigate the … importance of intrinsic firm efficiency relative to input quality as sources of exporters’ productivity premium, employing a …
Persistent link: https://www.econbiz.de/10008509468
This paper analyzes the link between firm exports and the competitive environment in foreign markets. We derive a theory-based econometric specification linking destination-specific exports to foreign demand and the degree of 'crowdedness' of foreign markets. The latter is a measure of the...
Persistent link: https://www.econbiz.de/10008611013
the demand side (buyers) in international trade using a novel transaction-level dataset from Norway. Domestic exporters as … reveal a number of new stylized facts on the distributions of buyers per exporter and exporters per buyer, the matching among … heterogeneous importers as well as heterogeneous exporters where matches are subject to a relation-specific fixed cost. The model …
Persistent link: https://www.econbiz.de/10011084201
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU …
Persistent link: https://www.econbiz.de/10011272719
We argue that firms’ balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up (“high-leverage firms”) exhibit a significantly larger decline in employment in...
Persistent link: https://www.econbiz.de/10011252614
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers’ reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to...
Persistent link: https://www.econbiz.de/10009246610
the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of … the effect of education on unemployment duration. Overall, the returns to education are estimated to be the highest in the …
Persistent link: https://www.econbiz.de/10009293660
This paper develops a theory characterizing the effects of fiscal policy on unemployment over the business cycle. The … theory is based on a model of equilibrium unemployment in which jobs are rationed in recessions. Fiscal policy in the form of … government spending on public-sector jobs reduces unemployment, especially during recessions: the fiscal multiplier …
Persistent link: https://www.econbiz.de/10009324257
and the unemployment rate in U.S. data since 1929. Second, it compares a new model of the economy developed in recent …
Persistent link: https://www.econbiz.de/10009351524