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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

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

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

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

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

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

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

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

Concentration in international markets : evidence from US imports

Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2021

We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the typical industry, while it is stable by industry and origin country. The fall in concentration is driven by the extensive margin: the number of exporting firms has grown, and the...

Persistent link: https://www.econbiz.de/10012495680

Financial development and export concentration

Unger, Florian - 2023

This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into a trade model with heterogeneous exporters and endogenous quality choice. The model predicts that financial development increases innovation activity and export shares of larger...

Persistent link: https://www.econbiz.de/10014228271