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Automatic stabilizers and economic crisis : US vs. Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Persistent link: https://www.econbiz.de/10003879344

Comparing inequality aversion across countries when labor supply responses differ

Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - 2013

We analyze to which extent social inequality aversion differs across nations when control- ling for actual country differences in labor supply responses. Towards this aim, we estimate labor supply elasticities at both extensive and intensive margins for 17 EU countries and the US. Using the same...

Persistent link: https://www.econbiz.de/10009715731

This job is "getting old" : measuring changes in job opportunities using occupational age structure

Autor, David H.; Dorn, David - 2009

High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...

Persistent link: https://www.econbiz.de/10003801096

Tax-benefit systems in Europe and the US : between equity and efficiency

Bargain, Olivier; Dolls, Mathias; Neumann, Dirk; … - 2011

Whether observed differences in redistributive policies across countries are the result of differences in social preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To shed new light on this question, we estimate labor...

Persistent link: https://www.econbiz.de/10009124584

Import competition and the great US employment sag of the 2000s

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2015

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...

Persistent link: https://www.econbiz.de/10010528574

Return of the Solow paradox? : IT, productivity, and employment in US manufacturing

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2014

-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

Persistent link: https://www.econbiz.de/10010236437

Why is pollution from US manufacturing declining? : the roles of trade, regulation, productivity, and preferences

Shapiro, Joseph S.; Walker, Reed - 2015

Between 1990 and 2008, emissions of the most common air pollutants from U.S. manufacturing fell by 60 percent, even as real U.S. manufacturing output grew substantially. This paper develops a quantitative model to explain how changes in trade, environmental regulation, productivity, and consumer...

Persistent link: https://www.econbiz.de/10010470886

Foreign competition and domestic innovation : evidence from U.S. patents

Autor, David H.; Dorn, David; Hanson, Gordon H.; … - 2019

Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...

Persistent link: https://www.econbiz.de/10012119210