Showing 1 - 10 of 510
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U …
Persistent link: https://www.econbiz.de/10010229883
more recently, globalization has stalled. This paper shows that higher uncertainty, in combination with better automation …
Persistent link: https://www.econbiz.de/10015081333
This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies mechanisms by which finance can affect the main results of the conventional model. The key results are as follows. Perfect credit market does not affect number of varieties or...
Persistent link: https://www.econbiz.de/10013262745
We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a … pattern Unbalanced Financial Globalization. We then simulate a counterfactual trajectory of the world economy where the RKO … wedges are fixed at their pre-globalization levels. We find that unbalanced financial globalization led to a worsening of …
Persistent link: https://www.econbiz.de/10014340224
This paper examines whether importing has contributed to skill upgrading among Indonesian plants. Our data records the distribution of years of employee schooling in each plant. We examine how importing affects the demand for highly educated workers within both production and non-production...
Persistent link: https://www.econbiz.de/10010199687
In this paper we estimate disaggregated labour demand equations using panel data involving observations across time (1970 - 2007) for twenty-three industries across eleven euro area countries. By using the EU KLEMS database, which provides data across countries, we provide industry-by-industry...
Persistent link: https://www.econbiz.de/10010370168
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To …
Persistent link: https://www.econbiz.de/10010250050
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 … their initial two-digit manufacturing industries, and more time working elsewhere in manufacturing and outside of …
Persistent link: https://www.econbiz.de/10010412742
This paper combines representative worker-level data that cover time-varying job-level task characteristics of an economy over a long time span with sector-level bilateral trade data for merchandize and services. We carefully create longitudinally consistent workplace characteristics from the...
Persistent link: https://www.econbiz.de/10010464704
We address the mismatch between existing theoretical models and standard empirical practice in the analysis of the labor market effects of offshoring. While theory focuses on one-sector or two-sector models, empirical studies exploit variation in offshoring across a large number of industries,...
Persistent link: https://www.econbiz.de/10012298676