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and labor market power. Reducing tariffs on intermediate inputs has increased a firm's price-cost markup but decreased the … trade shocks on product and labor market power, we exploit China's reductions in input and output tariffs upon its accession … to the World Trade Organization. We find that trade liberalization has not switched firms away from exercising product …
Persistent link: https://www.econbiz.de/10012169328
The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...
Persistent link: https://www.econbiz.de/10011494040
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10003894876
trade restrictiveness indices for household consumption items and industry affiliations using both tariffs and the ad …
Persistent link: https://www.econbiz.de/10011988644
Israel started enforcing severe restrictions on the import of selected dual-use goods and materials, de facto banning a …
Persistent link: https://www.econbiz.de/10011670900
This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...
Persistent link: https://www.econbiz.de/10011402390
This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions … turnover, we get an estimated welfare loss of 600 million dollars per year due to banana import restrictions. …
Persistent link: https://www.econbiz.de/10010250023
This paper uses the microdata of the Occupational Employment Statistics (OES) Survey to assess the contribution of occupational concentration to wage inequality between establishments and its growth over time. We show that occupational concentration plays an important role in wage determination...
Persistent link: https://www.econbiz.de/10011317658
We utilize a new survey on Norwegian firms' digitalization and technology investments, linked to population-wide register data, to show that the pandemic massively disrupted the technology investment plans of firms, not only postponing investments, but also introducing new technologies. More...
Persistent link: https://www.econbiz.de/10013470541
to variable costs - a measure of the markup - has shifted upwards, particularly after 2013. The weight and persistence of …
Persistent link: https://www.econbiz.de/10015084190