Showing 1 - 10 of 417
While the impact of globalization on income inequality has received a lot of attention, little is known about its … firms 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/10010531758
dimensions: Involuntary unemployment and income inequality between entrepreneurs and workers increase, and so does inequality …
Persistent link: https://www.econbiz.de/10010264394
I analyze the impact of a low-wage trade shock on manufacturing workers in a high-wage country, Denmark, and how they adjust to the shock over a decade across all potential adjustment margins, in the labor market and outside. My research illustrates the importance of industry-specific human...
Persistent link: https://www.econbiz.de/10011584923
the capital intensive export sectors. The overreactions cause unemployment, sluggish growth, a current account surplus and …
Persistent link: https://www.econbiz.de/10010276599
the wages for skilled and unskilled workers, leading to involuntary unemployment of unskilled workers in equilibrium … by lower wage differentials as well as higher unemployment. Allowing for endogenous skill formation in both countries …, the effects of a globalization shock - modelled as the entry of newly industrializing countries into the trading world …
Persistent link: https://www.econbiz.de/10010315866
This paper constructs a simple theoretical model to study the implications of globalization for inequality and … redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and …
Persistent link: https://www.econbiz.de/10011388183
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012657909
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794198
We offer a new explanation for why taxes have become less progressive in many countries in parallel with an increase in income inequality. When performance-based compensation differentials are needed to incentivize effort, redistribution through progressive income taxes becomes less precisely...
Persistent link: https://www.econbiz.de/10012827110
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013266676