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China's emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it has toppled much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside its heralded consumer benefits, trade has both significant...
Persistent link: https://www.econbiz.de/10011444857
We document a steady decline in low-skilled immigration that began with the onset of the Great Recession in 2007, which … estimate a stochastic growth model with endogenous immigration and training to account for these facts and study macroeconomic … performance and welfare. Lower immigration leads to higher wages for low-skilled workers and higher consumer prices. Importantly …
Persistent link: https://www.econbiz.de/10014578538
immigration and a decline in collective bargaining successfully explain occupational employment patterns during the 1990s. …
Persistent link: https://www.econbiz.de/10013255962
In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We show that the significant increase in the medium to low skill wage premiums since the late 1980s was almost exclusively concentrated among the group of workers aged 30 or below....
Persistent link: https://www.econbiz.de/10011688036
Trade shocks in export markets may affect the employment composition and the organization of exporting firms. In particular, the imposition of new technological standards in destination markets may force exporters to adjust the firm's organization to comply and cope with the additional...
Persistent link: https://www.econbiz.de/10012119846
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This paper examines empirically the interaction between immigration and host country economic conditions. We employ …
Persistent link: https://www.econbiz.de/10009766677
Immigration policy can have important net fiscal effects that vary by immigrants' skill level. But mainstream methods …
Persistent link: https://www.econbiz.de/10012697117
The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and … accounting for human capital endowments. Our analysis confirms the previous finding of limited effect of immigration on …
Persistent link: https://www.econbiz.de/10011646817