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determines a bias in the relative employment of skilled versus unskilled workers. Using a balanced panel of firm-based data …, although weak, skill bias effect of production offshoring on the labor-force composition of Italian manufacturing: in … skill ratio, we find that the skill bias effect is primarily driven by a fall in the employment of production workers, while …
Persistent link: https://www.econbiz.de/10010312528
that only export abroad. Second, firms that engage in final goods off-shoring are more productive than firms that engage in … inputs off-shoring. Third, in terms of the productivity dynamics over the period 1998-2003, exporters' performance in Italy …
Persistent link: https://www.econbiz.de/10010270935
This paper provides an exploratory analysis on the relationship between educational qualification and work status in Italy, with a particular focus on entrepreneurs and self-employed workers. Rough data are drawn from four waves (1995, 1998, 2002, and 2004) of the Survey of Household Income and...
Persistent link: https://www.econbiz.de/10010312463
We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of cultural diversity as measured by diversity of countries of birth of city residents. We show that US-born citizens living in metropolitan areas where the share of foreign-born...
Persistent link: https://www.econbiz.de/10011324913
The use of environmental policy instruments such as eco-labelling and pesticide taxes should preferably be based on disaggregate estimates of the individuals' willingness to pay (WTP) for pesticide risk reductions. We review the empirical valuation literature dealing with pesticide risk exposure...
Persistent link: https://www.econbiz.de/10011324976
We study entry and bidding patterns in sealed bid and open auctions with heterogeneous bidders. Using data from U.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more small bidders, shift the allocation towards these...
Persistent link: https://www.econbiz.de/10011325016
This paper provides evidence of bounded rationality by large dealers in U.S. Treasury auctions. I argue that these dealers use a heuristic of yield-space bidding which leads to biases manifested in three ways: they submit dominated bids, i.e., those that could be improved without raising the...
Persistent link: https://www.econbiz.de/10011325017
Successful descriptions of short-term nominal interest rates inertial behavior have frequently been obtained with small scale macro models in which a Central Banker minimizes a loss function embedding an argument labelled as interest rate smoothing. The rationale for this argument is not...
Persistent link: https://www.econbiz.de/10011325035
Persistent link: https://www.econbiz.de/10011475329
Persistent link: https://www.econbiz.de/10011475330