Showing 1 - 10 of 857
We estimate the effect of immigrant flows on native employment in Western Europe, and then ask whether the employment consequences of immigration vary with institutions that affect labor market flexibility. Reduced flexibility may protect natives from immigrant competition in the near term, but...
Persistent link: https://www.econbiz.de/10013244727
Policy makers often express concern about the impact of carbon taxes on employment and GDP. Focusing on European countries that have implemented carbon taxes over the past 30 years, we estimate the macroeconomic impacts of these taxes on GDP and employment growth rates for various specifications...
Persistent link: https://www.econbiz.de/10013306478
This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...
Persistent link: https://www.econbiz.de/10013097267
This paper studies how international trade influences U.S. presidential elections. We expect the positive employment effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to diminish such support. Our national-level models show for...
Persistent link: https://www.econbiz.de/10013001193
We examine the employment responses to import competition from China and to global export expansion from the United …, at both the industry level and the local commuting zone level, the global export expansion of US products also creates a … import and export exposure is roughly balanced at the commuting zone level …
Persistent link: https://www.econbiz.de/10012942703
We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input-Output Database. We find that the growth in U.S. exports led to increased demand for 2 million jobs in manufacturing, 0.5 million in resource industries, and a remarkable 4.1 million jobs...
Persistent link: https://www.econbiz.de/10012943197
about 30% of that coming from export growth. In fact, total employment increased by 7.5-8 million per year over 1997 …-2005. We estimate that export growth over 1997-2002 contributed at most 2.5 million jobs per year, with most of the employment …
Persistent link: https://www.econbiz.de/10012759747
Does opening a market to international trade affect the pattern of matching between firms and workers? And does the modified sorting pattern affect welfare? This paper answers these questions both theoretically and empirically in three parts. We set up a model of matching between heterogeneous...
Persistent link: https://www.econbiz.de/10013021871
A large share of dollar-denominated lending is done by non-U.S. banks, particularly European banks. We present a model in which such banks cut dollar lending more than euro lending in response to a shock to their credit quality. Because these banks rely on wholesale dollar funding, while raising...
Persistent link: https://www.econbiz.de/10013098138
This paper provides both a conceptual framework for decomposing a country's gross exports into value-added components by source and a new bilateral database on value-added trade. Our parsimonious framework integrates all previous measures of vertical specialization and value-added trade in the...
Persistent link: https://www.econbiz.de/10013137606