Hogrefe, Jan; Yao, Yao - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large … offshoring trends at the sector level. Importantly, we distinguish between transitory and permanent shocks to individual income …-insurable. It thus has a particular relevance for individual welfare. Our findings suggest that offshoring tends to lower permanent …