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Labor Demand Responses to Changing Gas Prices
Bossler, Mario; Moog, Alexander; Schank, Thorsten - 2023
–2020, we find for manufacturing establishments a gas price elasticity of labor demand of −0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing. …
Persistent link: https://www.econbiz.de/10014296759
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Income Guarantees and Borrowing in Risky Environments: Evidence from India's Rural Employment Guarantee Scheme
Bell, Clive; Mukhopadhyay, Abhiroop - 2015
This paper investigates the effects of an income guarantee on borrowing to smooth consumption and finance cultivation in a risky setting with marked seasonality. A three-season, infinite-horizon theoretical model is developed and analyzed. The insights yielded by the model are then used to...
Persistent link: https://www.econbiz.de/10011401620
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Impact of rural employment guarantee schemes on seasonal labor markets: Optimum compensation and workers' welfare
Basu, Arnab K. - 2011
The recent enactment of the National Rural Employment Guarantee Act in India has been widely hailed a policy that provides a safety net for the rural poor with the potential to boost rural income, stabilize agricultural production and reduce rural-urban migration. This paper, models the impact...
Persistent link: https://www.econbiz.de/10010278560
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Impact of Rural Employment Guarantee Schemes on Seasonal Labor Markets: Optimum Compensation and Workers' Welfare
Basu, Arnab K. - Institute for the Study of Labor (IZA) - 2011
The recent enactment of the National Rural Employment Guarantee Act in India has been widely hailed a policy that provides a safety net for the rural poor with the potential to boost rural income, stabilize agricultural production and reduce rural-urban migration. This paper, models the impact...
Persistent link: https://www.econbiz.de/10009021885
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A tale of parallel integration processes: a gravity analysis of EU trade with Mediterranean and Central and Eastern European countries
Ferragina, Anna; Giovannetti, Giorgia; Pastore, Francesco - 2005
Despite the EU emphasis on the 1995 Barcelona process, trade integration with the Mediterranean (MED) countries is still underdeveloped. To contrast the success of EU integration with MED countries and that with the new EU members, we compute the trade potential of these EU partners from 1995 to...
Persistent link: https://www.econbiz.de/10010267399
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Offshoring and Skill-Biased Technical Change in the Context of US Protectionism
Agnese, Pablo; Hromcová, Jana - 2019
We discuss the effects of offshoring on the labor market in a matching model with endogenous adjustment of educational skills. We carry out a comparative statics analysis and show that offshoring leads to a restructuring of the economy through skill-biased technical change (SBTC) where overall...
Persistent link: https://www.econbiz.de/10012141229
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Export-Led Growth after COVID-19: The Case of Portugal
Naudé, Wim; Cameron, Martin - 2020
particularly vulnerable. In this paper we consider the impact of the pandemic on the country's exports, arguing that an export …-led recovery is possible. The challenge is to identify viable export opportunities: one of the consequences of the COVID-19 … pandemic is to have closed and shrunk export opportunities globally. Despite this we show that there are still significant …
Persistent link: https://www.econbiz.de/10012497776
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A Tale of Parallel Integration Processes. A Gravity Analysis of EU Trade with Mediterranean and Central and Eastern European Countries
Ferragina, Anna; Giovannetti, Giorgia; Pastore, Francesco - Institute for the Study of Labor (IZA) - 2005
Despite the EU emphasis on the 1995 Barcelona process, trade integration with the Mediterranean (MED) countries is still underdeveloped. To contrast the success of EU integration with MED countries and that with the new EU members, we compute the trade potential of these EU partners from 1995 to...
Persistent link: https://www.econbiz.de/10005703226
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Trade, Wages, and Productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - Institute for the Study of Labor (IZA) - 2008
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10005822765
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Inequality and Market Concentration, When Shareholding Is More Skewed Than Consumption
Gans, Joshua S.; Leigh, Andrew; Schmalz, Martin; … - 2018
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the relative distribution of consumption and corporate equity...
Persistent link: https://www.econbiz.de/10011984594