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The pro-competitive consequences of trade in frictional labor markets
Firooz, Hamid - 2023
inequality rise almost three times more than in a model with constant markups (in the steady state). The presence of labor market …
Persistent link: https://www.econbiz.de/10014364693
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Firm dynamics and residual inequality in open economies
Felbermayr, Gabriel; Giammario, Impullitti; Prat, Julien - 2014
Increasing wage inequality between similar workers plays an important role for overall inequality trends in … trade with heterogeneous firms and homogeneous workers. Wage inequality across and within firms results from their different … Hartz labor market reforms account for the sharp increase in residual inequality observed in the data. By contrast …
Persistent link: https://www.econbiz.de/10010250120
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Betting on exports : trade and endogenous heterogeneity
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2015 - This draft: October 2015
We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can affect the variance of their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to choose the size of their investment in innovation...
Persistent link: https://www.econbiz.de/10011384472
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10003887183
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Comparative advantage and skill-specific unemployment
Larch, Mario; Lechthaler, Wolfgang - 2009
real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …
Persistent link: https://www.econbiz.de/10003872799
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Capacity constraining labor market frictions in a global economy
Holzner, Christian; Larch, Mario - 2011
Convex vacancy creation costs shape firms' responses to trade liberalization. They induce capacity constraints by increasing firms' cost of production, leading a profit maximizing firm not to fully meet the increased foreign demand. Hence, firms will only serve a few export markets. More...
Persistent link: https://www.econbiz.de/10009307959
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Endogenous spatial production networks : quantitative implications for trade and productivity
Panigrahi, Piyush - 2021
Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...
Persistent link: https://www.econbiz.de/10012697136
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Unilateral tax policy in the open economy
Kohl, Miriam; Richter, Philipp M. - 2021
real income in the reforming country, while income inequality is reduced to a larger extent for sufficiently small initial … deterioration of terms-of-trade and a decline in both aggregate real income and inequality. …
Persistent link: https://www.econbiz.de/10012619449
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Market entry regulation and international competition
Bayındır-Upmann, Thorsten; Stähler, Frank - 2003
As a part of their industry or competition policies governments decide whether to allow for free market entry of firms or to regulate market access. We analyze a model where governments (ab)use these policy decisions for strategic reasons in an international setting. Multiple equilibria of this...
Persistent link: https://www.econbiz.de/10011508060
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Quality and gravity in international trade : presented at CESifo Area Conference on Global Economy, May 2016
Flach, Lisandra; Unger, Florian - 2016
This paper introduces quality innovations with endogenous sunk costs in a heterogeneous firm model of international trade and derives implications for the gravity equation. The model predicts that the effect of fixed costs on exports and on the share of exporters is lower in industries with a...
Persistent link: https://www.econbiz.de/10011536262