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This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012842037
We investigate the impacts of trade liberalization on household behaviors and outcomes in urban China, exploiting regional variation in the exposure to tariff cuts resulting from WTO entry. Regions that initially specialized in industries facing larger tariff cuts experienced relative declines...
Persistent link: https://www.econbiz.de/10012922459
We analyze the effect of China's integration into the world economy on workers in the country and show that one important channel of impact has been internal migration. Specifically, we study the changes in internal migration rates triggered by the reduction in trade policy uncertainty faced by...
Persistent link: https://www.econbiz.de/10012929088
This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...
Persistent link: https://www.econbiz.de/10013023010
. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …
Persistent link: https://www.econbiz.de/10014357430
. At the municipality level, we find a large reduction of long-term unemployment, and no negative employment spillovers …
Persistent link: https://www.econbiz.de/10014357648
also find that the quality of the post-unemployment jobs was not affected by the activation program. Both findings confirm …
Persistent link: https://www.econbiz.de/10012764227
driven by negative effects on unemployment and retirement insurance coverage. Our heterogeneity analysis reveals substantial …
Persistent link: https://www.econbiz.de/10012859296
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10012920449
We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering … and business closures that hit the workers with the first level of education explains the abruptness of the unemployment …-crisis unemployment level could be reached in 2024 in a scenario with a double wave. In the same scenario, a calibration on French data …
Persistent link: https://www.econbiz.de/10012829211