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International trade, union wage premia, and welfare in general equilibrium
Kreickemeier, Udo; Meland, Frode - 2011
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded … aggregate welfare are affected differently by the two types of globalisation. Trade cost reductions in open sectors always lead …
Persistent link: https://www.econbiz.de/10010304637
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Why foreign ownership may be good for you
Egger, Hartmut; Kreickemeier, Udo - 2011
We develop a general equilibrium two-country model with heterogeneous producers and rent sharing at the firm level due to fairness preferences of workers. We identify two sources of a multinational wage premium. On the one hand, there is a pure composition effect because multinational firms are...
Persistent link: https://www.econbiz.de/10010307350
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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - 2011
explanatory power. The estimates also enable us to quantify the exporter wage premium and the consequences of trade for the main … variables of interest. According to our results, openness to international trade contributes to greater inequality across firms … in terms of both operating profits and average wages. We also find evidence for gains from trade for all five countries …
Persistent link: https://www.econbiz.de/10010307718
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Offshoring Domestic Jobs
Wrona, Jens; Egger, Hartmut; Kreickemeier, Udo - 2013
We set up a two-country general equilibrium model, in which heterogeneous firms from one country (the source country) can offshore routine tasks to a low-wage host country. The most productive firms self-select into offshoring, and the impact on welfare in the source country can be positive or...
Persistent link: https://www.econbiz.de/10010329506
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Offshoring and job polarisation between firms
Egger, Hartmut; Kreickemeier, Udo; Moser, Christoph; … - 2016
We set up a general equilibrium model, in which offshoring to a low-wage country can lead to job polarisation in the high-wage country. Job polarisation is the result of a reallocation of labour across firms that differ in productivity and pay wages that are positively linked to their profits by...
Persistent link: https://www.econbiz.de/10011554043
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Offshoring and Job Polarisation between Firms
Egger, Hartmut; Kreickemeier, Udo; Moser, Christoph; … - 2016
We set up a general equilibrium model, in which offshoring to a low-wage country can lead to job polarisation in the high-wage country. Job polarisation is the result of a reallocation of labour across firms that differ in productivity and pay wages that are positively linked to their profits by...
Persistent link: https://www.econbiz.de/10011555584
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Offshoring and job polarisation between firms
Egger, Hartmut; Kreickemeier, Udo; Moser, Christoph; … - 2016
We set up a general equilibrium model, in which offshoring to a low-wage country can lead to job polarisation in the high-wage country. Job polarisation is the result of a reallocation of labour across firms that differ in productivity and pay wages that are positively linked to their profits by...
Persistent link: https://www.econbiz.de/10011556130
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Exporting and offshoring with monopsonistic competition
Egger, Hartmut; Kreickemeier, Udo; Moser, Christoph; … - 2019
We develop a model of international trade with a monopsonistically competitive labour market in which firms employ … production tasks reduces the wages paid to unskilled workers as well as their domestic employment. At the aggregate level, trade …
Persistent link: https://www.econbiz.de/10012033429
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Exporting and Offshoring with Monopsonistic Competition
Egger, Hartmut; Kreickemeier, Udo; Moser, Christoph; … - 2019
We develop a model of international trade with a monopsonistically competitive labour market in which firms employ … production tasks reduces the wages paid to unskilled workers as well as their domestic employment. At the aggregate level, trade …
Persistent link: https://www.econbiz.de/10012052880
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Firm heterogeneity and the labour market effects of trade liberalisation
Egger, Hartmut; Kreickemeier, Udo - 2007
gains from trade accompanied by distributional conflicts, which have so far not been accounted for in the literature: a …
Persistent link: https://www.econbiz.de/10010264131