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margin, with domestic employment shifted from the newly offshoring firms in the middle of the productivity distribution to …We set up a general equilibrium model, in which offshoring to a low-wage country can lead to job polarisation in the … pay wages that are positively linked to their profits by a rent-sharing mechanism. Offshoring involves fixed and task …
Persistent link: https://www.econbiz.de/10011551032
labor market frictions to study the impact of offshoring on intrafirm, intrasectoral, and intersectoral reallocation of jobs …, and on the economy-wide unemployment rate. A reduction in the offshoring cost affects intrafirm and intrasectoral …. The key parameters determining the impact of offshoring on reallocation of jobs at various margins as well as on the …
Persistent link: https://www.econbiz.de/10010227259
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this decline are the growth of part-time labor, the reform of the benefit system and wage moderation. Nevertheless, in 2002 the unemployment rate in the Netherlands has increased...
Persistent link: https://www.econbiz.de/10011507711
participation, which also leads to an increase in their employment probability. Our analysis considers within- and between …-effect). Furthermore, we demonstrate that partners' employment in low-paid jobs has an effect on women's labor market choices and outcomes …
Persistent link: https://www.econbiz.de/10011936292
Labor force transitions are empirically examined using CPS data matched across months from 1996-2012 for Hispanics, African-Americans and whites. Transition probabilities are contrasted prior to the Great Recession and afterwards. Estimates indicate that minorities are more likely to be fired as...
Persistent link: https://www.econbiz.de/10011432552
prices and employment levels are derived. …
Persistent link: https://www.econbiz.de/10011402411
of unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In …
Persistent link: https://www.econbiz.de/10012373190
The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major challenge for basic research as well as for the formulation of adequate economic policy. We propose a new definition of the unemployment rate by weighing part-time workers with 62.5%,...
Persistent link: https://www.econbiz.de/10012104103
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012123041
Using 136 United States macroeconomic indicators from 1973 to 2017, and a factor augmented vector autoregression (FAVAR) framework with sign restrictions, we investigate the effects of three structural macroeconomic shocks - monetary, demand, and supply - on the labour market outcomes of black...
Persistent link: https://www.econbiz.de/10012157899