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In the last decades, international trade has increased between industrialised countries and between high- and low-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this paper aims to investigate the impact of...
Persistent link: https://www.econbiz.de/10013127724
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10013155605
studies, however, the potential role of the exchange rate regime in affecting price convergence in Europe has been overlooked …
Persistent link: https://www.econbiz.de/10013074886
. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition …
Persistent link: https://www.econbiz.de/10013159338
Using Difference-in-Differences estimation and data from the European Community Household Panel, this paper suggests that the fixed exchange-rate policy adopted by Italy in the 1997-2000 period has reduced the real hourly wage growth of Italian full-time workers with permanent contracts, on...
Persistent link: https://www.econbiz.de/10013039598
purchasing power parity (ppp) and the wage ratio between the host and source countries. It is shown that in theory immigrants may …
Persistent link: https://www.econbiz.de/10013144383
in the source-country price level and that the absolute magnitude of both relationships increases as the time to … respect to the nominal exchange rate and with respect to the source-country price level are both close to unity. Moreover, as …
Persistent link: https://www.econbiz.de/10012912788
allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a … overall charitable donations. We discuss the implications of our experimental results for both theory and policy …
Persistent link: https://www.econbiz.de/10013080136
We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual simulations to understand how trade affects...
Persistent link: https://www.econbiz.de/10013250247
We use large-scale panel data from linked decadal censuses in England and Wales to study the responses of both individuals and their partners to rising Chinese import competition in the 2000s. We test whether partners provide insurance against lost household earnings by increasing labour supply....
Persistent link: https://www.econbiz.de/10014351480