Showing 1 - 10 of 11,356
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing … firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …
Persistent link: https://www.econbiz.de/10012456633
earnings shocks and find important asymmetries: positive shocks to high-income individuals are quite transitory, whereas … negative shocks are very persistent; the opposite is true for low-income individuals. Finally, we use these rich sets of …
Persistent link: https://www.econbiz.de/10012457753
We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption … choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The …
Persistent link: https://www.econbiz.de/10012462738
. The theory demonstrates how to use the observed price dynamics to adjust prices for unobserved quality differences across …
Persistent link: https://www.econbiz.de/10012459006
The paper examines if real stock returns in four countries are consistent with consumption-based models of international asset pricing. The paper finds that ex-ante real stock returns exhibit statistically significant fluctuations over time and that these fluctuations cannot be explained by...
Persistent link: https://www.econbiz.de/10012476685
Network, established in 2012, brings together researchers from around the world with access to micro-level data on individual … studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that … explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk …
Persistent link: https://www.econbiz.de/10012458364
labor market. In the platform, workers from around the world compete for jobs that can be done remotely. We document that …, despite the global nature of the marketplace, the location of the worker accounts for over a third of the variance in wages …. We also document that remote wages in local currency move almost one-for-one with the dollar exchange rate of the worker …
Persistent link: https://www.econbiz.de/10012660114
We examine whether handedness is related to performance in the labor market and, in particular, earnings. We find a significant wage effect for left-handed men with high levels of education. This positive wage effect is strongest among those who have lower than average earnings relative to those...
Persistent link: https://www.econbiz.de/10012466278
identification and estimation using a moment-based approach, restricting unobserved skill pricing functions to be polynomials. Using …
Persistent link: https://www.econbiz.de/10012458596
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …
Persistent link: https://www.econbiz.de/10010522578