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Immigration, offshoring and American jobs

Ottaviano, Gianmarco I.P.; Peri, Giovanni; Wright, Greg C. - 2010

positive net effect on native employment while offshoring has no effect on it. We also find some evidence that offshoring has …How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it … possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation …

Persistent link: https://www.econbiz.de/10011506725

Stock market valuation in the United States

Bisciari, Patrick; Durré, Alain; Nyssens, Alain - 2003

This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...

Persistent link: https://www.econbiz.de/10011506563

Aggregate worker reallocation and occupational mobility in the United States: 1971 - 2000

Moscarini, Giuseppe; Vella, Francis - 2002

We investigate the evolution and the sources of aggregate employment reallocation in the United States in the 1971 … different technology. We find that the total reallocation of employment across occupations has been strongly procyclical and … these patterns, while correcting for possible worker selection into employment, we construct a synthetic panel based on …

Persistent link: https://www.econbiz.de/10010292926

The lifecycle model of consumption and saving

Browning, Martin; Crossley, Thomas F, - 2001

The life-cycle framework is the standard way that economists think about the intertemporal allocation of time, effort and money. The framework has a venerable history in the economics profession with roots in the in…nite horizon models of Ramsey (1926) and Friedman (1957) and the …nite...

Persistent link: https://www.econbiz.de/10010292931

The SES health gradient on both sides of the Atlantic

Banks, James; Marmot, Michael; Oldfield, Zoë; Smith, … - 2006

In this paper we investigate the size of health differences that exist among men in England and the United States and how those differences vary by Socio-Economic Status (SES) in both countries. Three SES measures are emphasized - education, household income, and household wealth - and the...

Persistent link: https://www.econbiz.de/10010292933

Why is consumption more log normal than income? Gibrat's law revisited

Battistin, Erich; Blundell, Richard; Lewbel, Arthur - 2007

Significant departures from log normality are observed in income data, in violation of Gibrat’s law. We identify a new empirical regularity, which is that the distribution of consumption expenditures across households is, within cohorts, closer to log normal than the distribution of income. We...

Persistent link: https://www.econbiz.de/10010292940

Competition and innovation: An inverted u relationship

Aghion, Philippe; Bloom, Nicholas; Blundell, Richard; … - 2002

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian growth model is developed in which firms innovate Ñ³tep-by-stepÒ¬ and where both technological leaders and their followers engage in R&D activities. In this model, competition...

Persistent link: https://www.econbiz.de/10010292944

Survival of the best fit: Exposure to low-wage countries and the (uneven) growth of US manufacturing plants

Bernard, Andrew Barnes; Jensen, J. Bradford; Schott, … - 2003

that plant survival as well as output and employment growth are negatively associated with the share of industry imports …

Persistent link: https://www.econbiz.de/10010292945

Consumption inequality and partial insurance

Blundell, Richard W.; Pistaferri, Luigi; Preston, Ian - 2004

This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...

Persistent link: https://www.econbiz.de/10010292960

Judicial accountability and economic policy outcomes: Evidence from employment discrimination charges

Besley, Timothy; Payne, Abigail - 2003

.S. to investigate whether judicial selection methods affect the number of employment discrimination charges filed for the …

Persistent link: https://www.econbiz.de/10010292961

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