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Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China

Fehr, Hans - 2009

This paper develops a dynamic, life-cycle, general equilibrium model to study the interdependent demographic, fiscal, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period of rapid and significant aging requiring major fiscal...

Persistent link: https://www.econbiz.de/10012767513

Simulating the Elimination of the U.S. Corporate Income Tax

Fehr, Hans - 2013

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring skilled and unskilled labor, detailed region-specific demographics and fiscal policies. Eliminating the model's U.S. corporate income tax produces rapid and dramatic increases in...

Persistent link: https://www.econbiz.de/10013071508

Foreign Competition and Domestic Innovation : Evidence from U.S. Patents

Autor, David H. - 2016

The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal analysis of the effect of surging import competition on...

Persistent link: https://www.econbiz.de/10012978100

Management Practices, Workforce Selection and Productivity

Bender, Stefan - 2016

Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices – including monitoring, goal setting, and the use of incentives – are mediated through employee decision-making and...

Persistent link: https://www.econbiz.de/10012996465

Investment Responses to Trade Liberalization : Evidence from U.S. Industries and Plants

Pierce, Justin R. - 2017

a difference-in-differences identification strategy, we find that industries more exposed to reductions in import tariff … uncertainty exhibit relative declines in investment after the change in trade policy. Within industries, we find that this …

Persistent link: https://www.econbiz.de/10012941175

Import Competition and the Great U.S. Employment Sag of the 2000s

Acemoglu, Daron - 2014

-level approaches to estimate the size of (a) employment losses in directly exposed manufacturing industries, (b) employment effects in … indirectly exposed upstream and downstream industries inside and outside manufacturing, and (c) the net effects of conventional …

Persistent link: https://www.econbiz.de/10013048616

Return of the Solow Paradox? It, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron - 2014

-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …

Persistent link: https://www.econbiz.de/10013060261