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Trade protection during the crisis: Does it deter foreign direct investment?

Görg, Holger; Labonte, Philipp - 2011

specifications suggest that, depending on the empirical model, the implementation of a trade protection measure is associated with … about 40 to 80 percent lower FDI inflows. Trade protection does not appear to have any implications for the country's FDI … actions related to intellectual property rights protection and other more trade related measures. …

Persistent link: https://www.econbiz.de/10010277462

EU integration and its implications for Asian economies: What we know and what not

Langhammer, Rolf J.; Schweickert, Rainer - 2006

protection on Asian competitors, the desire of Asian countries to negotiate free trade agreements (FTA) with the US and Japan …

Persistent link: https://www.econbiz.de/10010277720

The returns to occupational foreign language use: Evidence from Germany

Stöhr, Tobias - 2013

This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...

Persistent link: https://www.econbiz.de/10010323927

Centralized vs. decentralized wage formation: The role of firms' production technology

Hirsch, Boris; Merkl, Christian; Müller, Steffen; … - 2014

This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a firm, the more likely it is to opt for...

Persistent link: https://www.econbiz.de/10010368451

Labor market rigidities and unemployment in Europe

Siebert, Horst - 1997

The paper studies the major institutional changes that are at the root of the increase in the west European unemployment rate in the last quartercentury from below 3 percent to 11 percent. The institutional characteristics of wage bargaining, the tax wedge and the legal rules hamper the...

Persistent link: https://www.econbiz.de/10010265317

The macroeconomics of the labor market: Three fundamental views

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2007

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the frictionless equilibrium view; (ii) the chain reaction theory, or prolonged adjustment view; and (iii) the hysteresis view. While the frictionless view implies a clear...

Persistent link: https://www.econbiz.de/10010276418

East German unemployment: the myth of the irrelevant labor market

Merkl, Christian; Snower, Dennis J. - 2008

This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage adjustment after German reunification. We model the resulting labor market traps in a search and matching framework, show that they are difficult to overcome, and provide...

Persistent link: https://www.econbiz.de/10010277978

Escaping the unemployment trap: The case of East Germany

Merkl, Christian; Snower, Dennis J. - 2008

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment regions). We suggest that the...

Persistent link: https://www.econbiz.de/10010277979

Does ethnic heterogeneity decrease workers' effort in the presence of income redistribution? An experimental analysis

Schütt, Christoph; Pipke, David; Detlefsen, Lena; … - 2022

Ethnic discrimination is ubiquitous, and it has been shown to exert adverse effects on income redistribution. The reason is that a country's ethnic majority, if richer than the average, may be unwilling to transfer resources to the country's ethnic minorities if poorer than the average. A yet...

Persistent link: https://www.econbiz.de/10013284393

Some surprising facts about working time accounts and the business cycle

Balleer, Almut; Gehrke, Britta; Merkl, Christian - 2014

This paper reveals that German firms with working time accounts (WTAs) show a similar separation and hiring behavior in response to revenue changes as firms without WTAs. This finding casts doubt on the popular hypothesis that WTAs were the key driver of the unusually small increase in German...

Persistent link: https://www.econbiz.de/10010427031