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Firm dynamics, job turnover, and wage distributions in an open economy
Cosar, A. Kerem; Guner, Nezih; Tybout, James R. - 2013
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...
Persistent link: https://www.econbiz.de/10010208595
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The pro-competitive consequences of trade in frictional labor markets
Firooz, Hamid - 2023
inequality rise almost three times more than in a model with constant markups (in the steady state). The presence of labor market …
Persistent link: https://www.econbiz.de/10014364693
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2012
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10011452156
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Firm dynamics and residual inequality in open economies
Felbermayr, Gabriel; Impullitti, Giammario; Prat, Julien - 2014
Increasing wage inequality between similar workers plays an important role for overall inequality trends in … trade with heterogeneous firms and homogeneous workers. Wage inequality across and within firms results from their different … Hartz labor market reforms account for the sharp increase in residual inequality observed in the data. By contrast …
Persistent link: https://www.econbiz.de/10010246655
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Export and the labor market : a dynamic model with on-the-job search
Suverato, Davide - 2014
sectoral employment, unemployment and wage inequality. OJS generates wage dispersion and it leads to a reallocation of workers … it increases wage inequality. For an already open economy, a further increase of trade openness can, however, lead to an …
Persistent link: https://www.econbiz.de/10010364768
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Firm dynamics and residual inequality in open economies
Felbermayr, Gabriel; Giammario, Impullitti; Prat, Julien - 2014
Increasing wage inequality between similar workers plays an important role for overall inequality trends in … trade with heterogeneous firms and homogeneous workers. Wage inequality across and within firms results from their different … Hartz labor market reforms account for the sharp increase in residual inequality observed in the data. By contrast …
Persistent link: https://www.econbiz.de/10010250120
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Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy
Cosar, Kerem - 2014
This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...
Persistent link: https://www.econbiz.de/10013061953
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Trade-Induced Job Turnover and Unemployment : The Role of Variable Demand Elasticity
Firooz, Hamid - 2020
This paper develops and estimates an open economy dynamic general equilibrium model to introduce and quantify a new mechanism through which openness influences productivity. The model features matching frictions in the labor market and endogenous demand elasticities in product markets. Because...
Persistent link: https://www.econbiz.de/10012848195
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Export growth and factor market competition : theory and some evidence
Namini, Julian Emami; Facchini, Giovanni; López, Ricardo A. - 2011
Empirical evidence suggests that sectoral export growth decreases exporters' survival probability, whereas this is not true for non-exporters. Models with firm heterogeneity in total factor productivity (TFP) predict the opposite. To solve this puzzle, we develop a two{factor framework where...
Persistent link: https://www.econbiz.de/10011382743
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Betting on exports : trade and endogenous heterogeneity
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2015 - This draft: October 2015
We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can affect the variance of their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to choose the size of their investment in innovation...
Persistent link: https://www.econbiz.de/10011384472