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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
Recognizing that people value employment not only to earn income to satisfy their consumption needs but also as a means …-pecuniary benefits of employment are incorporated in the standard individual's utility function, then at very low income levels … employment can be a source of utility, inducing individuals to supply labor to the extent possible. We also show the conditions …
Persistent link: https://www.econbiz.de/10010312505
Nearly all the macroeconomic literature on environmental policies deals with taxes and tradable permits. A policy instrument that still needs to be looked at is a switch in government expenditure away from environmentally-damaging goods, in particular fossil fuels, and toward resource- and...
Persistent link: https://www.econbiz.de/10011335682
associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10011335689
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
resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The …
Persistent link: https://www.econbiz.de/10010312466
The design of monetary policy depends upon the targeting strategy adopted by the central bank. This strategy describes a set of policy preferences, which are actually the structural parameters to analyse monetary policy making. Accordingly, we develop a novel calibration method to identify...
Persistent link: https://www.econbiz.de/10011335670
Recent studies suggest a considerable amount of horizontal strategic interaction amongst governments exists. The empirical approach in these studies typically relies on estimating reaction functions in a uni-dimensional policy framework, where a nonzero slope estimate suggests strategic...
Persistent link: https://www.econbiz.de/10011335710
We conduct a national-scale study of the determinants of agricultural land values to better understand how current farmland prices are influenced by the potential for future land development. The theoretical basis for the empirical analysis is a spatial city model with stochastic returns to...
Persistent link: https://www.econbiz.de/10011335711