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Globalization : a woman's best friend? ; exporters and the gender wage gap
Bøler, Esther Ann; Javorcik, Beata K. Smarzynska; … - 2015
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
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Exports, unemployment and the welfare state
Janeba, Eckhard (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497526
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Globally engaged firms in the Covid-19 crisis
Constantinescu, Cristina; Fernandes, Ana Margarida; … - 2022
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013183698
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Globalization, inequality, and redistribution : theory and evidence
Gozgor, Giray; Ranjan, Priya - 2015
This paper constructs a simple theoretical model to study the implications of globalization for inequality and … redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and …
Persistent link: https://www.econbiz.de/10011343065
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Trade openness and income inequality : new empirical evidence
Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012599018
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Globalization and income inequality revisited
Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2018
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011789164
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Can minimum wages raise workers' incomes in the long run?
Oikonomidēs, Geōrgios; Moutos, Thomas - 2016 - This Draft: May 2016
Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...
Persistent link: https://www.econbiz.de/10011481224
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Minimum wages as a redistributive device in the long run
Oikonomidēs, Geōrgios; Moutos, Thomas - 2014
This paper analyzes long run outcomes resulting from adopting a binding minimum wage in a neoclassical model with perfectly competitive labour markets and capital accumulation. The model distinguishes between workers of heterogeneous ability and capitalists who do all the saving, and it entails...
Persistent link: https://www.econbiz.de/10010428828
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Is a minimum wage an appropriate instrument for redistribution?
Gerritsen, Aart; Jacobs, Bas - 2014
minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …
Persistent link: https://www.econbiz.de/10010234542
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On the interaction between minimum wage adoption and fiscal redistribution : a theoretical and empirical investigation
Oikonomidēs, Geōrgios; Kammas, Pantelis; Moutos, Thomas - 2020
We explain the public's support for the minimum wage (MW) institution despite economists' warnings that the MW is a "blunt instrument" for redistribution. To do so we build a model in which workers are heterogeneous in ability, and the government engages in redistribution through the public...
Persistent link: https://www.econbiz.de/10012229263