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unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non-offshoring … unemployment in this sector rising. -- Trade ; offshoring ; search ; unemployment …
Persistent link: https://www.econbiz.de/10003831894
adverse impact of offshoring on unskilled unemployment. The unskilled wage can increase or decrease as a result of offshoring …. -- Fair wages ; unemployment ; strategic effect ; offshoring …In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and …
Persistent link: https://www.econbiz.de/10003831919
We introduce search unemployment à la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow … effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as …. -- Trade liberalization ; unemployment ; search model ; firm heterogeneity …
Persistent link: https://www.econbiz.de/10003656926
RBC models with search unemployment and wage renegotiation generate too much wage volatility and too stable … unemployment rate. Shimer (2004) shows that it is possible to reproduce a volatility of unemployment similar to that observed in … unemployment. …
Persistent link: https://www.econbiz.de/10003523204
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …
Persistent link: https://www.econbiz.de/10012651396
This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and ad views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects industries and occupations heterogeneously. Second, the...
Persistent link: https://www.econbiz.de/10012213681
Can digital labour market platforms reduce search frictions in formal or informal labour markets? We study this question using a randomized experiment embedded in a tracer study of the work transitions of graduates from technical and vocational colleges in Mozambique. We implement an...
Persistent link: https://www.econbiz.de/10013275360
understanding that their jobs still exist and that they will be recalled. We show that the resulting temporary-layoff unemployment … mostly dissipated by the end of 2020. Potential workers without jobs constitute what we call jobless unemployment. Shocks … that elevate jobless unemployment have much more persistent effects. Historical major adverse shocks, such as the financial …
Persistent link: https://www.econbiz.de/10013168892
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
. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different … cyclical component of the unemployment rate, it can be demonstrated that the whole reported impact solely affects this …
Persistent link: https://www.econbiz.de/10011294706