Showing 1 - 10 of 370
Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to globalization on …
Persistent link: https://www.econbiz.de/10013334338
We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the … that modelling trade imbalances can lead to stark differences between short- and long-run consequences of globalization …
Persistent link: https://www.econbiz.de/10013334406
We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized … with globalization than it would under autarky, because labor standards are a normal good and the general increase in … incomes from globalization increases demand for them. We call this the effect of `globalization in the large.' Second, if more …
Persistent link: https://www.econbiz.de/10014322750
companies to disentangle the role of technological change, market power, and globalization in driving a fall in the labor share … measured using four firm and twenty firm concentration ratios and globalization is measured as export shares in total revenues … smaller. Finally, the evidence on globalization is mixed: trade shares are at times negatively associated with the labor share …
Persistent link: https://www.econbiz.de/10014468215
Dube, Lester and Reich (2010, DLR), using state minimum wage discontinuities across bordering counties and Quarterly Census of Employment and Wages data, did not detect negative minimum wage effects on restaurant employment. Jha, Neumark and Rodriguez-Lopez (2024, JNR) claim that looking within...
Persistent link: https://www.econbiz.de/10015072844
The own-wage elasticity (OWE) of employment estimated using minimum wage increases provides an economically meaningful measure of the policy on jobs. We discuss how to interpret the magnitude of the OWE, including in terms of welfare and under alternative models of the labor market. We present a...
Persistent link: https://www.econbiz.de/10015072867
I discuss recent books offering differing explanations for persistent U.S. poverty. Desmond (2023) argues that aid to low-income Americans is captured by more powerful market actors. I contextualize this concern as about incidence and consider both policies for changing incidence (by changing...
Persistent link: https://www.econbiz.de/10015072908
This paper studies the evolution of China's production and trade patterns during its integration into the global economy. We document and explain new facts concerning changes in production and exports at the industry and firm levels using microdata and a quantitative Ricardian and...
Persistent link: https://www.econbiz.de/10014544694
We examine the repercussions of protectionist policies implemented in the United States since 2018 on the composition of workforce and career choices within the semiconductor industry. We find that the shift towards protectionism, aimed at reviving domestic manufacturing and employment,...
Persistent link: https://www.econbiz.de/10014544744
We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial development and aggregate growth. Growth is shaped by the best global and local ideas that contribute to the local stock of knowledge. Global ideas diffuse more to locations...
Persistent link: https://www.econbiz.de/10013435141