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Exchange Rates and Local Labor Markets
Goldberg, Linda S.; Tracy, Joseph S. - 2000
We document the consequences of real exchange rate movements for the employment, hours, and hourly earnings of workers in manufacturing industries across individual states. Exchange rates have statistically significant wage and employment implications in these local labor markets. The importance...
Persistent link: https://www.econbiz.de/10014193865
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The Intensive Margin in Trade
Fernandes, Ana M. - 2018
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50% of variation in exports is along the extensive...
Persistent link: https://www.econbiz.de/10012908824
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The Global Spatial Distribution of Economic Activity : Nature, History, and the Role of Trade
Henderson, J. Vernon - 2016
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012994896
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What Drives Home Market Advantage?
Cosar, Kerem - 2015
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market advantage. While trade costs, foreign production costs, and...
Persistent link: https://www.econbiz.de/10013014669
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Currency Unions and Trade : A Post-Emu Mea Culpa
Glick, Reuven - 2015
In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...
Persistent link: https://www.econbiz.de/10013015976
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Goods and Factor Market Integration : A Quantitative Assessment of the EU Enlargement
Caliendo, Lorenzo - 2017
use the EU Labour Force Survey to construct migration flows by skill and nationality across 17 countries for the period … 2002-2007. We then exploit the timing variation of the 2004 EU enlargement to estimate the elasticity of migration flows to … our model and use these estimates, as well as the observed changes in tariffs, to quantify the effects from the EU …
Persistent link: https://www.econbiz.de/10012949423
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Free vs. Controlled Migration : Bilateral Country Study
Razin, Assaf - 2011
-controlled migration, distinguishing between source developing and developed countries. We utilize free-movement within the EU to examine … the free migration regime and compare that to immigration into the EU from two other groups, developed and developing …
Persistent link: https://www.econbiz.de/10013129125
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Developing Countries' Financial Vulnerability to the Euro Crisis : An Event Study of Equity and Bond Markets
Aizenman, Joshua - 2013
the EU to developing countries. More specifically, we estimate the responsiveness of equity and bond markets in developing …
Persistent link: https://www.econbiz.de/10013091076
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Secondary Pharmaceutical Patenting : A Global Perspective
Sampat, Bhaven N. - 2017
Pharmaceutical firms' use of secondary patents to extend periods of exclusivity generates concerns among policymakers worldwide. In response, some developing countries have introduced measures to curb the grant of these patents. While these measures have received considerable attention, there is...
Persistent link: https://www.econbiz.de/10012964387
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Patterns of Skill Premia
Acemoglu, Daron - 2021
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10013243426