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Intra-industry trade, involuntary unemployment and macroeconomic stability
Le Riche, Antoine; Lloyd-Braga, Teresa; Modesto, Leonor - 2021
We study the impact of intra-industry trade and capital mobility on steady state welfare and on the stability properties of two countries with identical technologies and preferences. We consider a two-factor overlapping generations model, featuring one-sector of differentiated goods with taste...
Persistent link: https://www.econbiz.de/10012419065
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Occupational choice, aggregate productivity, and trade
Meckl, Jürgen; Weigert, Benjamin - 2011
We propose occupational decisions of heterogeneous individuals as an alternative mechanism of explaining the distribution of firm productivities emphasized by empirical studies. Thus, we integrate the frameworks of Melitz (2003), and of Manasse and Turrini (2001) that establish the theoretical...
Persistent link: https://www.econbiz.de/10009230184
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Globalization and labor market outcomes : wage bargaining, search frictions, and firm heterogeneity
Felbermayr, Gabriel (contributor); Prat, Julien (contributor) - 2008
We introduce search unemployment à la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes....
Persistent link: https://www.econbiz.de/10003656926
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Factor endowment and market size in EU-CEE trade : would human capital change the actual quality trade patterns?
Ferragina, Anna Maria (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002042720
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The NAFTA tide: lifting the larger and better boats
Calderón Madrid, Angel (contributor);  … - 2007
We use panel data on Mexican manufacturing plants to study the connection between plants’ responses to changes in the economic environment and their contributions to aggregate productivity growth in the period following the implementation of the North American Trade Agreement (NAFTA). In all...
Persistent link: https://www.econbiz.de/10003646696
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International job search : Mexicans in and out of the US
Rendón, Sílvio (contributor);  … - 2007
It is argued that migration from Mexico to the US and its corresponding return migration are determined by … find that migration practically disappears if Mexico has American arrival rates while employed. Doubling migration costs …
Persistent link: https://www.econbiz.de/10003646713
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Migrant networks, migrant selection, and high school graduation in Mexico
Miranda, Alfonso (contributor) - 2007
in Mexico once unobserved heterogeneity is accounted for. Bivariate random effects dynamic probit models for cluster data …
Persistent link: https://www.econbiz.de/10003646722
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North-South trade liberalization and returns to skill in the south : the case of Mexico
Hazarika, Gautam (contributor); Otero, Rafael (contributor) - 2008
This study examines the effect of NAFTA, an instance of North-South trade liberalization, on returns to skill in Mexico …. Mexico is abundant in low-skill workers relative to the US and Canada, and so, by the Hecksher-Ohlin-Samuelson trade model …, NAFTA ought to have raised the relative earnings of low-skill workers, that is, lowered returns to skill in Mexico. Analysis …
Persistent link: https://www.econbiz.de/10003771056
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Adding rungs to the exporting ladder : plant-level exporting dynamics and total factor productivity growth
Voicu, Alexandru (contributor) - 2008
We use panel data on Mexican manufacturing plants to study the dynamics of plant-level exporting activity at both the extensive and the intensive margins and the connection between exporting dynamics and plant-level total factor productivity growth. We find that exporting activity has a ladder...
Persistent link: https://www.econbiz.de/10003771885
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Aid and migration : an analysis of the impact of progresa on the timing and size of labour migration
Angelucci, Manuela (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002115241