Showing 1 - 10 of 1,392
This paper studies the implications for wage inequality of two distinct forms of globalisation, namely trade and …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … monopolistic competition. The model allows me to account for the observed empirical patterns, and delivers novel insights about the …
Persistent link: https://www.econbiz.de/10012315942
I analyze the impact of a low-wage trade shock on manufacturing workers in a high-wage country, Denmark, and how they … illustrates the importance of industry-specific human capital in trade adjustment and provides initial evidence of skill upgrading … textile and clothing products in conjunction with China's accession to the WTO as a quasi-natural experiment and utilize …
Persistent link: https://www.econbiz.de/10011569615
This paper introduces a framework to study the impact of trade liberalization on wage inequality and welfare in the … wages on the right side of the distribution. Nevertheless, inequality in the open economy is always higher than in autarky … of workers for working at different firms generates between-firm wage inequality for workers with identical skills. The …
Persistent link: https://www.econbiz.de/10012040085
has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the … workers buy personal services. Fiercer foreign competition triggered by technological catching up shifts production jobs …
Persistent link: https://www.econbiz.de/10010417976
find that openness to international trade has quantitatively important effects, leading to higher wage inequality and lower …, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of … aggregate employment. -- structural models ; heterogeneous firms ; fair wages ; labour market imperfections ; exporter wage …
Persistent link: https://www.econbiz.de/10009581985
trade with heterogeneous firms and homogeneous workers. Wage inequality across and within firms results from their different …, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform. …Increasing wage inequality between similar workers plays an important role for overall inequality trends in …
Persistent link: https://www.econbiz.de/10010250120
the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … substantial role. While education has been another factor contributing to both between-plant and within-plant wage inequality …
Persistent link: https://www.econbiz.de/10011933705
This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies … output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations … indeterminate pattern of trade. …
Persistent link: https://www.econbiz.de/10013262745
This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over ….S. inequality than previously thought, and that both higher returns to top talent and rent-capture are important parts of this story. …
Persistent link: https://www.econbiz.de/10011741873
with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a …
Persistent link: https://www.econbiz.de/10008697164