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Persistent link: https://www.econbiz.de/10003353767
The answer to competition from emerging countries with low wage costs must be very different according to the affected sector. We need to draw a distinction between manufacturing industry and services that can be relocated and other sectors: consumer services, retail, construction, most business...
Persistent link: https://www.econbiz.de/10010489986
gap varies with the export intensity of the firm and the occupation of the worker. A model with heterogeneous firms and … supports this mechanism. First, we show that the wage gap is positively correlated with the complexity of the firm export … activity. Second, we show that wages react to changes in export intensity when the export destination coincides with the origin …
Persistent link: https://www.econbiz.de/10013453889
In the absence of financial frictions, the purpose of thin capitalization rules is to limit multinational firms’ possibilities of engaging in tax planning via debt shifting. This paper analyzes the effects of thin capitalization rules in the case where firms have limited access to external...
Persistent link: https://www.econbiz.de/10010506332
This paper constructs a theory of the coexistence of fixed-term and permanent employment contracts in an environment with ex-ante identical workers and employers. Workers under fixed-term contracts can be dismissed at no cost while permanent employees enjoy labor protection. In a labor market...
Persistent link: https://www.econbiz.de/10003998033
This paper examines the role of international trade for job polarization, the phenomenon in which employment for high- and low-wage occupations increases but mid-wage occupations decline. With employer-employee matched data on virtually all workers and firms in Denmark between 1999 and 2009, we...
Persistent link: https://www.econbiz.de/10011499755
productivity with a shape parameter that depends on industry-level characteristics. A novel result is that export opportunities, by …, namely, that export opportunities increase firmheterogeneity by fostering innovation. …
Persistent link: https://www.econbiz.de/10011384472
of predicting a positive correlation between firms' export intensity, the price of their exports, and the wages they pay … productivity differentials: in equilibrium, firms that employ workers with comparatively scarcer skills, other things equal, export …
Persistent link: https://www.econbiz.de/10012057252
Trade shocks in export markets may affect the employment composition and the organization of exporting firms. In …
Persistent link: https://www.econbiz.de/10012119846
This paper introduces a framework to study the impact of trade liberalization on wage inequality and welfare in the presence of monopsonistic labor markets. The interaction of firm heterogeneity in productivity with idiosyncratic preferences of workers for working at different firms generates...
Persistent link: https://www.econbiz.de/10012040085