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This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity differences, the model features profit and wage differentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and...
Persistent link: https://www.econbiz.de/10013149008
state regulations to investigate how minimum wages affect the labor market impact of immigration. We find that the effects …We exploit the non-linearity in the level of minimum wages across US States created by the coexistence of federal and … of immigration on labor market outcomes of native workers within a given state-skill cell are more negative in U …
Persistent link: https://www.econbiz.de/10012951556
respects except of the prevailing labor market institutions. In one country, the labor market is perfectly competitive, while … in the other country labor unions are active in a subset of industries. The differences in labor market institutions are … setting, we study the trade and welfare implications of labor market deregulation and compare these implications with the …
Persistent link: https://www.econbiz.de/10013119394
This paper explores the effects of high skilled immigration to a host country with unionized low skilled labor and an unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on low skilled employment, provided that fiscal...
Persistent link: https://www.econbiz.de/10012770182
sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic …
Persistent link: https://www.econbiz.de/10013127629
unions can be desirable for income redistribution. Unions bargain with firms over wages in each sector and firms unilaterally … whose participation is subsidized on a net basis. By creating implicit taxes on work, unions alleviate the labor-market …
Persistent link: https://www.econbiz.de/10012910614
This paper shows that outsourcing of parts of the workforce in unionized firms leads to wage moderation and as long as the share of the outsourced workforce is not too large, this wage moderation effect on domestic employment outweighs the direct substitution effect so that domestic employment...
Persistent link: https://www.econbiz.de/10012770785
account for the cost of higher wages as mobility allows them to partially shift the burden of unemployment to other UIs. A …
Persistent link: https://www.econbiz.de/10013019042
skilled workers, for not too high distortions in the labour market. Furthermore, it leads to a higher tax burden and a welfare …
Persistent link: https://www.econbiz.de/10012958450
-specific policy wedge corrects labor market imperfections and/or redistributes welfare across differently wealthy agents. Capital … market integration with the rest of the world, indexed by another wedge, shapes the politico-economic equilibrium policy …
Persistent link: https://www.econbiz.de/10012947618