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Trade and Child Labor : A General Equilibrium Analysis
Bandyopadhyay, Subhayu; Bandyopadhyay, Sudeshna C. - 2005
This paper augments the existing literature on trade and child labor by exploring the effects of terms of trade changes in the context of a three good general equilibrium model, where one of the goods is a non-traded good. We find that under quasi-linear preferences the effect of the terms of...
Persistent link: https://www.econbiz.de/10010262225
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Labor market adjustments after a large import shock: evidence from the German clothing industry and the multi-fibre arrangement
Braakmann, Nils; Wagner, Joachim - 2009
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by …
Persistent link: https://www.econbiz.de/10010269526
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Higher productivity in importing German manufacturing firms: self-selection, learning from importing, or both?
Vogel, Alexander; Wagner, Joachim - 2008
document the first empirical results on the relationship between imports and productivity for Germany, a leading actor on the … for trading internationally are about the same in West and East Germany. Compared to firms that do not trade at all two …-way traders do have the highest premia, followed by firms that only export, while firms that only import have the smallest …
Persistent link: https://www.econbiz.de/10010269066
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Non-Linearities in the Expansion of Capital Stock
Pfann, Gerard A.; Letterie, Wilko; Verick, Sher - 2004
The empirical identification of non-linearities in investment relies on how investment is assumed to be separated into … investment which allows us to observe regime separation, an aspect of the data that is typically absent from previous empirical … concentrating investment in a single year. Moreover, there is evidence that investment is more sensitive to fundamentals in the high …
Persistent link: https://www.econbiz.de/10010276179
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The Home Market Shadow
Suedekum, Jens - 2005
The home market effect (HME) is a distinguishing feature of the ?new? theory of international trade, but it is …
Persistent link: https://www.econbiz.de/10010262188
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Biofuel subsidies: an open-economy analysis
Bandyopadhyay, Subhayu; Bhaumik, Sumon Kumar; Wall, … - 2009
We present a general equilibrium analysis of biofuel subsidies in an open-economy context. In the small-country case, when a Pigouvian tax on conventional fuels such as crude is in place, the optimal biofuel subsidy is zero. When the tax on crude is not available as a policy option, however, a...
Persistent link: https://www.econbiz.de/10010271799
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Wage Rigidities in Western Germany?
Puhani, Patrick A. - 2001
This paper investigates whether and in what sense the west German wage structure has been ?rigid? in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...
Persistent link: https://www.econbiz.de/10010262540
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The German manufacturing sector is a granular economy
Wagner, Joachim - 2011
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10010282465
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Real wages and the business cycles in Germany
Marczak, Martyna; Beissinger, Thomas - 2010
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010274586
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Do Works Councils Inhibit Investment?
Addison, John T.; Schank, Thorsten; Schnabel, Claus; … - 2005
Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a … context of Germany where the works council is the analogue of workplace unionism. Using parametric and nonparametric methods … (favorable) impact on investment. …
Persistent link: https://www.econbiz.de/10010262197