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We examine the effects of endogenous offshoring on cost-efficiency, wages and unemployment in a task-assignment model … downward pressure on all wages through domestic skill-task reallocation. If elasticities of task substitution are low (high …), the downward pressure on wages in neighboring skill segments is low (high) with a net effect of higher (lower) wages and …
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In some countries around the world, the advantages of globalisation have been increasingly called into question recently. In particular, takeovers by foreign firms raise suspicions of technology theft and job cuts at the newly acquired local plant. By looking at Germany, as a large open economy,...
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-neutral technology on hours worked, productivity and wages in a novel structural vector error correction framework identified by non …, productivity and wages. Structural inequality shocks also have a negative impact on hours worked, but additionally reduce …
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the macroeconomic level, we draw special attention to the important distinction between product and consumption wages … changes in the distribution of hourly wages between 1990 and 1997 and analyze the economic factors determining these changes …
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This paper estimates the effect that changes in the size of the youth population have on the wages of young workers … age groups earn lower wages. We test this hypothesis for a sample of young, male, fulltime employees in Western Germany … estimation, we show that an increase in the youth share by one percentage point is predicted to decrease a young worker's wages …
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