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International Trade, Union Wage Premia, and Welfare in General Equilibrium
Kreickemeier, Udo; Meland, Frode - CESifo - 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/10008914268
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International trade, union wage premia, and welfare in general equilibrium
Kreickemeier, Udo; Meland, Frode - Wirtschaftswissenschaftlichen Fakultät, … - 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/10009019616
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International Trade, Union Wage Premia,and Welfare in General Equilibrium
Kreickemeier, Udo; Meland, Frode - Institutt for Økonomi, Universitetet i Bergen - 2011
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded … welfare are affected differently by the two types of globalisation. Trade cost reductions in open sectors always lead to …
Persistent link: https://www.econbiz.de/10009207381
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Why Foreign Ownership May be Good for You
Egger, Hartmut; Kreickemeier, Udo - CESifo - 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/10009368503
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Why foreign ownership may be good for you
Egger, Hartmut; Kreickemeier, Udo - Wirtschaftswissenschaftlichen Fakultät, … - 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/10009372142
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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - In: European Economic Review 64 (2013) C, pp. 332-350
openness to international trade has quantitatively important effects, leading to higher wage inequality and lower aggregate …
Persistent link: https://www.econbiz.de/10010729785
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Trade, wages, and profits
Egger, Hartmut; Egger, Peter; Kreickemeier, Udo - Wirtschaftswissenschaftlichen Fakultät, … - 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/10009421933
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Fairness, trade, and inequality
Egger, Hartmut; Kreickemeier, Udo - In: Journal of International Economics 86 (2012) 2, pp. 184-196
We develop a model of international trade between two symmetric countries that features inter-group inequality between … international trade leads to a self-selection of the best firms into export status, with exporting firms having to pay a wage …
Persistent link: https://www.econbiz.de/10010574402
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Offshoring Domestic Jobs
Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - CESifo - 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/10010604634
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Offshoring domestic jobs
Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - Wirtschaftswissenschaftlichen Fakultät, … - 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/10010954999