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Divergence in Labour Force Growth: Should Wages and Prices Grow Faster in Germany?
Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020
We develop a model which shows that wages, prices and real income should grow faster in countries with low increase in … increase in their prices and in German wages. This mechanism is magnified by the low price elasticity of the demand for German …
Persistent link: https://www.econbiz.de/10012270216
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Exchange Rate Volatility Effects on the German Labour Market: A Survey of Recent Results and Extensions
Buscher, Herbert S.; Mueller, Claudia - 1999
In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In...
Persistent link: https://www.econbiz.de/10010262270
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Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy
Cosar, A. Kerem; Guner, Nezih; Tybout, James - 2013
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...
Persistent link: https://www.econbiz.de/10010329109
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Firm Dynamics and Residual Inequality in Open Economies
Felbermayr, Gabriel; Impullitti, Giammario; Prat, Julien - 2014
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10010333335
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A Macroeconomic Experiment in Mass Immigration
Hercowitz, Zvi; Yashiv, Eran - 2002
This paper studies the effects of mass immigration from the former USSR to Israel in the 1990s on the employment of the native-born. The exogeneity and the size of this inflow make it a ?natural experiment? of macroeconomic proportions. An open-economy macroeconomic model is used to analyze this...
Persistent link: https://www.econbiz.de/10010262777
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Trade and unemployment: what do the data say?
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - 2009
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10010269047
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Search and offshoring in the presence of animal spirits
Mitra, Devashish; Ranjan, Priya - 2009
In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the same time lead to a higher unemployment rate for...
Persistent link: https://www.econbiz.de/10010269135
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On the Persistence of the China Shock
Autor, David; Dorn, David; Hanson, Gordon H. - 2021
We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing employment,...
Persistent link: https://www.econbiz.de/10012882380
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Trade, Wages, and Collective Bargaining: Evidence from France
Carluccio, Juan; Fougère, Denis; Gautier, Erwan - 2015
We estimate the impact of international trade on wages using data for French manufacturing firms. We instrument firm … shocks have a positive effect on wages. Exports increase wages for all occupational categories while offshoring has … heterogeneous effects. The impact of trade on wages varies across bargaining regimes. In firms with collective bargaining, the …
Persistent link: https://www.econbiz.de/10010513216
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A Macroeconomic Experiment in Mass Immigration
Hercowitz, Zvi; Yashiv, Eran - Institute for the Study of Labor (IZA) - 2002
This paper studies the effects of mass immigration from the former USSR to Israel in the 1990s on the employment of the native-born. The exogeneity and the size of this inflow make it a "natural experiment" of macroeconomic proportions. An open-economy macroeconomic model is used to analyze this...
Persistent link: https://www.econbiz.de/10005703407