Showing 1 - 10 of 17
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10010250120
guarantees in Germany. Covering the default risk of exporters' foreign customers, the policy is supposed to enable funding of …
Persistent link: https://www.econbiz.de/10009580766
Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important … the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … Germany. We disentangle the relative contribution of each single variable to the rise in wage dispersion using recentered …
Persistent link: https://www.econbiz.de/10011933705
Bilateral trade balances often play an important role in the international trade policy debate. Academic economists understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their political relevance, calling for accurate...
Persistent link: https://www.econbiz.de/10012064371
Persistent link: https://www.econbiz.de/10003463001
disasters ; instrumental variable estimation ; panel econometrics …
Persistent link: https://www.econbiz.de/10009240715
explain movements on both margins. A Tobit estimation of this model resolves the so-called "distance-puzzle". It also finds …
Persistent link: https://www.econbiz.de/10011450770
Exploiting changes in the geography of economic integration in Europe, this paper uses detailed bilateral trade data for 50 sectors to carry out an econometric ex post evaluation of the trade cost effects of the United Kingdom's various arrangements with the European Union. The analysis reveals...
Persistent link: https://www.econbiz.de/10011933707
Persistent link: https://www.econbiz.de/10003712536
strong economic effects on Germany. In this paper, we put this trade policy initiative in its broader perspective. We argue … project could increase per capita income in Germany by between 1 and 3%. We critically question the need for investor …
Persistent link: https://www.econbiz.de/10010469280