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, little is known about the impact of institutional quality on offshoring. This is surprising, given that offshoring has become … between institutional quality and offshoring. The results suggest that weak institutions are negatively related to offshoring … in general and to offshoring of R&D-intensive goods in particular. Furthermore, firms that are able to establish long …
Persistent link: https://www.econbiz.de/10010320385
The economic effects of offshoring have been subject to extensive empirical analysis in the past, but many studies have … not accurately distinguished between offshoring, domestic outsourcing, and the substitution of domestic by foreign … suppliers. In this study I provide stylized facts on offshoring in Europe between 1995 and 2008 taking into account this …
Persistent link: https://www.econbiz.de/10010287006
. Buyouts reduce agency problems, which triggers automation, offshoring, and tougher bargaining with labor unions. We show that …
Persistent link: https://www.econbiz.de/10011442462
The capitalist democracies of western Europe and the U.S. have developed extensive social programs, based on the principle of solidarity, that provide assistance to the destitute, the unemployed, the sick, the disabled, and the elderly. Due in part to growing levels of spending on these...
Persistent link: https://www.econbiz.de/10010308445
.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …
Persistent link: https://www.econbiz.de/10010320044
This paper analyzes rules for international factor movements, i.e. real capital flows together with the relocation of firms, the flow of technology and the migration of people. These rules have to make sure that individuals, individual countries as well as the world economy benefit from factor...
Persistent link: https://www.econbiz.de/10010291767
Persistent link: https://www.econbiz.de/10010265337
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10010277955
During the recent decades, multitasking has become a more and more common phenomenon at workplaces. Rather than specializing in a job task, workers perform bundles of tasks. Bundling occurs when tasks are complements. Using individual-level data about job tasks, we analyze which tasks are...
Persistent link: https://www.econbiz.de/10010277460
The paper investigates the relationship between offshoring, wages, and the ease with which individuals' tasks can be … suitability of a task for offshoring and the associated skill level. Accordingly, wage effects of offshoring can be very …-level data on offshoring. Our main results suggest that in partial equilibrium, wage effects of offshoring are fairly modest but …
Persistent link: https://www.econbiz.de/10010289084