We study workers' idiosyncratic earnings risk over the life-cycle using a German administrative data set. Positive and … incomplete markets model. Moreover, age-varying risk implies a linear increase in consumption inequality late in working life …

This paper investigates the effects of services offshoring on wages using individual level data combined with industry … negatively. By contrast, skilled workers benefit from services offshoring in terms of higher real wages. Hence, offshoring has … information on offshoring. Our results show that services offshoring affects the real wage of low and medium skilled individuals …

This paper investigates the effects of services offshoring on wages using individual level data combined with industry … negatively. By contrast, skilled workers benefit from services offshoring in terms of higher real wages. Hence, offshoring has … information on offshoring. Our results show that services offshoring affects the real wage of low and medium skilled individuals …

decreases. Next we allow for offshoring of unskilled jobs in our model, and we find that, as a result, it becomes more likely … that the fair-wage constraint binds. Offshoring of unskilled jobs always leads to an increase in skilled wage, a decrease … adverse impact of offshoring on unskilled unemployment. The unskilled wage can increase or decrease as a result of offshoring …

In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and … displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements … of offshoring: that it involves intermediate inputs for production (vs. final goods for consumption); that it involves …

In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry … exports (per worker) are strongly and causally related to income risk: Imports increase risk and exports decrease risk, and …

rates. Using the World Input-Output Database (WIOD) we employ the proposed indicators to shed new light on changes in cost …

This paper studies the relationship between immigration and offshoring by examining whether an influx of foreign … of immigrants into a municipality reduces firm-level offshoring at both the extensive and intensive margins. The fact … that immigration and offshoring are substitutes has important policy implications, since restrictions on one may encourage …

The analysis of the effects of firm-level international trade on wages has so far focused on the role of exports, which … trade and wages across types of products. In particular, firms that increase their exports (imports) of high- (intermediate …

Aggregate wages display little cyclicality compared to what a standard model would predict. Wage rigidities are an … allocative efficiency on wages paid across firms. We show that this measure has improved over time since prior to the recent …. We then focus on the recent downturn and find that large firms were able to adjust wages more than small firms, and that …