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Minimum wages and insurance within the firm
Adamopoulou, Effrosyni; Manaresi, Francesco; Rachedi, Omar - 2021
Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on Italy, and leverage employer-employee data matched to firm balance sheets and hand-collected wage floors. We find a relatively larger pass-through of firm-specific labor-demand...
Persistent link: https://www.econbiz.de/10012795332
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Measuring immigration's effects on labor demand: a reexamination of the Mariel Boatlift
Bodvarsson, Örn B. (contributor);  … - 2007
the effects of an immigration shock on labor demand by testing a general equilibrium model in which imperfectly … substitutable native and immigrant workers spend their wages on a locally produced good. The shock induces three responses: (i) a … can fall, stay the same or rise, depending upon the strength of the shock and various product and factor market …
Persistent link: https://www.econbiz.de/10003591488
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Would a Euro's depreciation improve the French economy?
Magnani, Riccardo; Piccoli, Luca; Carré, Martine; … - 2017
supply, and a multisectoral CGE model which simulates the macroeconomic effects of a reform or a shock. The integration of … economy. At the individual level, we find that the macroeconomic shock reduces poverty and, to a lesser extent, income …
Persistent link: https://www.econbiz.de/10011738884
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Employment, exchange rates and labour market rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2010
There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on...
Persistent link: https://www.econbiz.de/10003959141
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Trade and worker deskilling
Costa, Rui; Dhingra, Swati; Machin, Stephen - 2019
produced an unprecedentedly large shock to the UK exchange rate. In the 24 hours in June 2016 during which the UK electorate …
Persistent link: https://www.econbiz.de/10012022416
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Heterogeneous impacts of trade shocks on workers
Arni, Patrick; Egger, Peter; Erhardt, Katharina; … - 2024
This paper identifies the causal effects of trade shocks on worker outcomes. We exploit a unique setting based on three pillars: (i) a large, unanticipated appreciation of the Swiss franc in 2015, (ii) detailed data with firm-level exposure to trade via output markets (both domestic and foreign)...
Persistent link: https://www.econbiz.de/10014507637
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Foreign capital and economic growth
Prasad, Eswar S. (contributor);  … - 2007
We document the recent phenomenon of "uphill" flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...
Persistent link: https://www.econbiz.de/10003591497
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Optimal spatial taxation : are big cities too small?
Eeckhout, Jan; Guner, Nezih - 2015
We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...
Persistent link: https://www.econbiz.de/10010470412
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H. Gregg Lewis: perhaps the father of modern labor economics
Hamermesh, Daniel S. - 2020
H. Gregg Lewis did fundamental research outlining the economic effects of trade unions and considering how to measure them carefully. He also laid out the theory of the supply and demand for labor in careful detail that has underlain economists' thinking about these outcomes. Aside from...
Persistent link: https://www.econbiz.de/10012257818
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Distributional effects of emission pricing in a carbon-intensive economy: the case of Poland
Antosiewicz, Marek; Fuentes S. M., J. Rodrigo; … - 2020
In this paper, we assess the distributional impact of introducing a carbon tax in Poland. We apply a two-step simulation procedure. First, we evaluate the economy-wide effects with a dynamic general equilibrium model. Second, we use a microsimulation model based on household budget survey data...
Persistent link: https://www.econbiz.de/10012249650