Showing 1 - 10 of 3,122
-Samuelson effect), and thus on the incentive for parents to invest in their children's education, associated with international …
Persistent link: https://www.econbiz.de/10010488142
We discuss the effects of low-skill offshoring on the endogenous schooling decision of workers along with the potential …-deteriorating effects of offshoring. As a result, we aim at restoring welfare by increasing the opportunity cost of staying low-skill. In … offshoring that befall those in the lowest end of the skill ladder. …
Persistent link: https://www.econbiz.de/10011571980
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
This paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10002707372
effect estimator and the IV method, the study finds that the endogenous post-migration education in the host country …
Persistent link: https://www.econbiz.de/10011704320
There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household economics lead us to expect, the cross-country evidence seems to indicate that trade reduces or, at worst, has no significant effect on child labour. Consistently with the theory, a...
Persistent link: https://www.econbiz.de/10011410919
offshoring on the labor market can substantially deviate from standard neoclassical conclusions when search frictions hinder … exploiting offshoring. It implies that automation (offshoring) may reduce (raise) employment by lengthening (shortening …
Persistent link: https://www.econbiz.de/10012222391
We discuss the effects of offshoring on the labor market in a matching model with endogenous adjustment of educational … skills. We carry out a comparative statics analysis and show that offshoring leads to a restructuring of the economy through … skill-biased technical change (SBTC) where overall welfare is improved. In a policy exercise we show that, if offshoring …
Persistent link: https://www.econbiz.de/10012107297
We present a global production sharing model that integrates the organizational choices of offshoring into the … determination of relative wages in developing countries. The model shows that offshoring through foreign direct investment …
Persistent link: https://www.econbiz.de/10011709828
We study the relationship between offshoring and the prevalence and intensity of labor market imperfections at the firm …-markdown pricing originating from firms' monopsony power in both countries. Offshoring benefits firms in that imports of final as well … offshoring on wage markdowns arises from an increase in productivity that is only imperfectly passed through into an increase in …
Persistent link: https://www.econbiz.de/10013547721