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-level panel data matched with employer data for the period 1999 to 2010, I exploit the dismantling of import quotas on Chinese … low-wage import shock on workers' future earnings and employment trajectories, which stems mainly from shortened …. While the service sector is the main absorber of all types of workers displaced by the import shock, recovery from the shock …
Persistent link: https://www.econbiz.de/10011569615
2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter … worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings, face … move out of manufacturing conditional on separation. These findings reveal that import shocks impose substantial labor …
Persistent link: https://www.econbiz.de/10010412742
We empirically examine how import competition affects sentiment toward China in local communities in the United States … turning negative. Second, communities more exposed to import competition from China have experienced a greater deterioration …
Persistent link: https://www.econbiz.de/10014514814
; incomplete contracts ; evolutionary game theory ; culture ; trade integration ; factor mobility ; globalization …
Persistent link: https://www.econbiz.de/10003882529
This paper sets up a general equilibrium model, in which firms are heterogeneous due to productivity differences and workers have fairness preferences and hence provide full effort only if their factor return is sufficiently high. With the wage considered to be fair by workers depending on the...
Persistent link: https://www.econbiz.de/10003897284
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic equilibrium (GOLE) with partly unionised labour...
Persistent link: https://www.econbiz.de/10009011927
We study the evolution of labor shares in 1995-2014, while taking into account international trade based on value added concepts. Declines in labor shares accelerate in 2001-2007, concurrently with global value chain (GVC) integration, after which there is no trend for both. We develop a...
Persistent link: https://www.econbiz.de/10013285571
This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over … on other firm characteristics. Export shocks that are not related to the executive’s talent and actions also increase … executive compensation, indicating that globalization is influencing compensation through pay-for-non-performance. Furthermore …
Persistent link: https://www.econbiz.de/10011741873
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a … sample of Indian manufacturing firms. -- globalization ; uncertainty ; training ; labor markets ; India …
Persistent link: https://www.econbiz.de/10008697164