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: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway and Italy for the year 1992. Based on the estimation of a …
Persistent link: https://www.econbiz.de/10012466388
Eurozone countries today) and two - Finland and Sweden - after floating the currency … driver of growth was exports. In Ireland this occurred because the sterling coincidentally appreciated. In Finland and Sweden … detailed case studies, two - Denmark and Ireland - undertaken under fixed exchange rates (the most relevant case for many …
Persistent link: https://www.econbiz.de/10012461087
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable...
Persistent link: https://www.econbiz.de/10012466488
The relative popularity of adjustable-rate mortgages (ARMs) and fixed-rate mort- gages (FRMs) varies considerably both across countries and over time. We ask how movements in current and expected future interest rates affect the share of ARMs in total mortgage issuance. Using a nine-country...
Persistent link: https://www.econbiz.de/10012458258
We estimate how offshoring and exporting affect wages by skill type. Our data match the population of Danish workers to … countries. Our data reveal new stylized facts about offshoring activities at the firm level, and allow us to both condition our … identification on within-job-spell changes and construct instruments for offshoring and exporting that are time varying and …
Persistent link: https://www.econbiz.de/10012461161
possibility that freer trade also alters the firm-size distribution via international firm migration (offshoring); firms must, by …
Persistent link: https://www.econbiz.de/10012461997
We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representative firm-level data set spanning six countries. A novel finding is that firm-level spillovers from foreign firms to domestic companies can be significantly...
Persistent link: https://www.econbiz.de/10012455039
This paper exploits a unique offshoring survey to show that firms continue domestic production of the same goods they …. Firms' reactions also motivate a new offshoring measure - produced- good imports - that is readily observed in most firm …
Persistent link: https://www.econbiz.de/10012482035