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-reforming countries may react to this loss in competitiveness by initiating cooperative labor market reforms instead. -- FDI … ; globalization ; search unemployment ; labor market institutions …
Persistent link: https://www.econbiz.de/10009628611
margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data … for 19 OECD countries on unemployment, FDI, and labor market institutions. Results support the model in that net-FDI is …
Persistent link: https://www.econbiz.de/10009529635
cooperative labor market reforms instead. -- FDI ; search unemployment ; labor market institutions …
Persistent link: https://www.econbiz.de/10009632671
at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market … effects at the intensive industry margin via trade and FDI. Moreover, the distinction between high- and low-skill workers …
Persistent link: https://www.econbiz.de/10009409344
effects at the intensive industry margin via trade and FDI. Moreover, the distinction between high- and low-skill workers …
Persistent link: https://www.econbiz.de/10013112207
Exploiting results from the literature on non-parametric identification, we make three methodological contributions to the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires. First, we show how to non-parametrically identify the...
Persistent link: https://www.econbiz.de/10012206513
Exploiting results from the literature on non-parametric identification, we make three methodological contributions to the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires. First, we show how to non-parametrically identify the...
Persistent link: https://www.econbiz.de/10012835872
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10003847129
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10013159504
In the present paper, I integrate frictional labor markets with on-the-job search into an otherwise standard heterogeneous firm model of intra-industry trade. Most importantly, I show that the returns to workers' inter-firm mobility are higher in a trade equilibrium than in autarky. Intuitively,...
Persistent link: https://www.econbiz.de/10013004141