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This article sheds light on the extent of managerial pay in the OECD. It uses a novel database on managerial wages and other types of compensation to compare managerial remuneration across different sectors, especially, the financial sector, and across countries. We find evidence of a...
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workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …
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Recent work by Anderson and van Wincoop (2003) establishes an empirical modeling strategy which takes full account of the structural, non-(log-)linear impact of trade barriers on trade in new trade theory models. Structural new trade theory models have never been used to evaluate and quantify...
Persistent link: https://www.econbiz.de/10010315584
We develop a general equilibrium model of trade with multiple countries and industries in the spirit of Eaton and Kortum (2002) and Bernard, Eaton, Jensen, and Kortum (2003). We structurally estimate the parameters of the model and calibrate it to data on 33 OECD countries and one country that...
Persistent link: https://www.econbiz.de/10010319721
This paper identifies the causal effects of trade shocks on worker outcomes. We exploit a unique setting based on three pillars: (i) a large, unanticipated appreciation of the Swiss franc in 2015, (ii) detailed data with firm-level exposure to trade via output markets (both domestic and foreign)...
Persistent link: https://www.econbiz.de/10014533825
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R&D spillovers as well as remainder,...
Persistent link: https://www.econbiz.de/10010264277