This paper provides an integrated view of globally engaged U.S. firms by exploring a newly developed dataset that links … number of new dimensions of firm activity, including how many products firms trade, how many countries firms trade with, the … characteristics of those countries, the concentration of trade across firms, whether firms transact at arms length or with related …

wage rates vary significantly with the ownership characteristics of firms within industries. Employment and wage rates for … of Chinese SOEs shows stronger labor market rigidities than for private firms. Impacts of exchange rate movements emerge …

nonmanufacturing but no net employment decline. Trade impacts rise in the 2000s as imports accelerate, while the effect of technology …

, technology in developed countries has become progressively more skill-biased, increasing the productivity of highly educated …

rigidities and trade impediments in shaping welfare, trade flows, productivity, price levels and unemployment rates. We show that … proportionately more. A flexible labor market confers comparative advantage; the flexible country exports differentiated products on … higher total factor productivity and a lower price level, which operates against the standard Balassa-Samuelson effect. …

differences in labor market regulations affect how firms can adjust to idiosyncratic shocks. These institutional differences … with higher volatility. Empirical evidence for a large sample of countries strongly supports this theory: the exports of …