Showing 1 - 10 of 1,228
monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers … profits, involuntary unemployment and within-group wage inequality in a unified framework. We use this model to investigate … gains from trade accompanied by distributional conflicts, which have so far not been accounted for in the literature: a …
Persistent link: https://www.econbiz.de/10013317452
the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … substantial role. While education has been another factor contributing to both between-plant and within-plant wage inequality …
Persistent link: https://www.econbiz.de/10012892230
This paper studies the implications for wage inequality of two distinct forms of globalisation, namely trade and …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … monopolistic competition. The model allows me to account for the observed empirical patterns, and delivers novel insights about the …
Persistent link: https://www.econbiz.de/10013314924
Technological progress and trade potentially affect wages and employment. Technological progress can make jobs obsolete … and trade can increase unemployment in import competing sectors. Empirical evidence suggests that both causes are … contribution of technological progress and trade in recent labour market developments and allows us to identify the winners and …
Persistent link: https://www.econbiz.de/10012866562
This paper studies the implications for wage inequality of two distinct forms of globalisation, namely trade and …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … monopolistic competition. The model allows me to account for the observed empirical patterns, and delivers novel insights about the …
Persistent link: https://www.econbiz.de/10012425607
This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations … indeterminate pattern of trade. …
Persistent link: https://www.econbiz.de/10013353416
This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over ….S. inequality than previously thought, and that both higher returns to top talent and rent-capture are important parts of this story. …
Persistent link: https://www.econbiz.de/10011777566
I analyze the impact of a low-wage trade shock on manufacturing workers in a high-wage country, Denmark, and how they … illustrates the importance of industry-specific human capital in trade adjustment and provides initial evidence of skill upgrading … textile and clothing products in conjunction with China’s accession to the WTO as a quasi-natural experiment and utilize …
Persistent link: https://www.econbiz.de/10011584923
trade policy. We consider a specific factor model with an export sector, which uses skilled labour, and an import … trade lib-eralization (protection), which increases (decreases) the skilled-unskilled wage gap, and the level of government …
Persistent link: https://www.econbiz.de/10012861427
This paper introduces a framework to study the impact of trade liberalization on wage inequality and welfare in the … wages on the right side of the distribution. Nevertheless, inequality in the open economy is always higher than in autarky … of workers for working at different firms generates between-firm wage inequality for workers with identical skills. The …
Persistent link: https://www.econbiz.de/10012865167