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This article examines the overall effect of global value chains (GVCs) on labour market outcomes, namely wages and …-least-squares method. The results indicate that GVC position is negatively correlated both with wages and with employment, while the effect …
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In this study we review the initial impacts of the COVID-19 pandemic on the Canadian labour market. We focus on changes in employment and aggregate hours worked between February 2020 and April 2020, while accounting for normal monthly changes in these indicators. We find that COVID-19 induced a...
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global value chains (GVCs) on labour market outcomes. Due to the complex nature of GVCs and the interconnectedness of wages …
Persistent link: https://www.econbiz.de/10014441036
or for average wages. These findings are robust to controlling for a variety of firm characteristics. …
Persistent link: https://www.econbiz.de/10015048212
the wages of different skill groups in a broad global context. The analysis draws on input-output data from the WIOD … offshoring on wages mainly concerns low and medium skilled workers. However, in terms of magnitude, the downward pressure on … domestic wages exhibited by offshoring to LWC is relatively small. LWC (Low wage countries) classifications employed in this …
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The Canadian labour market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labour force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by...
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