Showing 1 - 10 of 432
This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 …, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …
Persistent link: https://www.econbiz.de/10014401505
Persistent link: https://www.econbiz.de/10011281614
In this paper, we provide compelling evidence that cyclical factors account for the bulk of the post-2007 decline in the U.S. labor force participation rate. We then proceed to formulate a stylized New Keynesian model in which labor force participation is essentially acyclical during “normal...
Persistent link: https://www.econbiz.de/10012667415
We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in …
Persistent link: https://www.econbiz.de/10012103689
that metropolitan areas with higher exposures to routinization and offshoring experienced larger drops in participation in …
Persistent link: https://www.econbiz.de/10011866337
Despite significant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across different groups of workers. Participation increased sharply among prime-age women and, more recently,...
Persistent link: https://www.econbiz.de/10011866534
This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign … trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment … and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in …
Persistent link: https://www.econbiz.de/10014401271
decline given population aging. This paper’s measure of the “employment gap” also suggests that labor market slack remains and … employment. In addition, given the continued downward pressure on the LFPR, labor supply measures will be an essential component …
Persistent link: https://www.econbiz.de/10014412024
operating mainly in domestic markets. On the back of a trend increase in production offshoring, investment by large companies …
Persistent link: https://www.econbiz.de/10011373921
Non-deliverable forward (NDF) markets in many Asian emerging market currencies are large, rapidly growing, and often exceed onshore markets in transaction volume. NDFs tend to price significant depreciation during market stress episodes including COVID-19. Spillovers from NDFs to onshore markets...
Persistent link: https://www.econbiz.de/10012301975