Showing 1 - 10 of 141
Empirical studies of antidumping activity focus almost exclusively on the period since 1980. This paper puts recent U ….S. antidumping experience in historical context by studying the determinants of annual case filings over the past half century. The … conventional view that few antidumping cases existed prior to 1980 is not correct, although most did not result in the imposition …
Persistent link: https://www.econbiz.de/10013318086
The recovery of private investment in Italy has lagged its euro area peers over the past decade. This paper examines the role of elevated labor costs in hindering the recovery. Specifically, labor costs rose faster than labor productivity prior to the global financial crisis and have remained...
Persistent link: https://www.econbiz.de/10012839312
Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000-17, as well as other emerging market economies and developing countries, and...
Persistent link: https://www.econbiz.de/10012839680
Spain's structural reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery. In particular, there is strong evidence that the 2012 labor market reforms increased wage flexibility, which helped the Spanish economy to regain competitiveness and create...
Persistent link: https://www.econbiz.de/10012839681
We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding stylized facts associated with minimum wage laws in less developed countries
Persistent link: https://www.econbiz.de/10012840605
Labor markets in Latin America and the Caribbean (LAC) are characterized by high levels of informality and relatively rigid regulation. This paper shows that these two features are related and together make the speed of adjustment of employment to shocks slower, especially when regulations are...
Persistent link: https://www.econbiz.de/10012840609
Wages have been rising faster than productivity in many European countries for the past few years, yet signs of underlying consumer price pressures remain limited. To shed light on this puzzle, this paper examines the historical link between wage growth and inflation in Europe and factors that...
Persistent link: https://www.econbiz.de/10012842209
German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather...
Persistent link: https://www.econbiz.de/10012843295
This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that...
Persistent link: https://www.econbiz.de/10012843501
The quantification of how aspects of a job are valued by employees sheds light on the potential for labor market reform in Japan. Using a nationwide sample of 1,046 working-age adults, we conduct a choice experiment that examines individuals' willingness to trade wages against job...
Persistent link: https://www.econbiz.de/10012843515