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We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market … competition. We find that increased product market competition reduces unemployment, and that it does so more in countries with …. We also find that the effect of increased competition on real wages is beneficial to workers, but less so when they have …
Persistent link: https://www.econbiz.de/10010293086
This paper assesses the possible contemporaneous relationship between stock index prices, earnings and long-term government bond yields for a large number of countries and over a time period that spans several decades. In a cointegration framework, our analysis looks at three hypotheses. First,...
Persistent link: https://www.econbiz.de/10011604561
This paper assesses the possible contemporaneous relationship between stock index prices, earnings and long-term government bond yields for a large number of countries and over a time period that spans several decades. In a cointegration framework, our analysis looks at three hypotheses. First,...
Persistent link: https://www.econbiz.de/10011506595
), but suggests a strong cross-firm association of FDI wage premia with similar differentials in productivity. …
Persistent link: https://www.econbiz.de/10010494721
strong cross-firm association of FDI wage premia with similar differentials in productivity. …
Persistent link: https://www.econbiz.de/10010291431
werden die Löhne geförderter Arbeitnehmer in jeder Branche mit denen ähnlicher Personen verglichen, die in einem der anderen …
Persistent link: https://www.econbiz.de/10010286663
Taking advantage of the liberalization process under NAFTA, this paper assesses the relative importance of the degree of trade openness and Foreign Direct Investment (FDI) in explaining inter-industry wage differentials for the case of Mexico. Using INEGI's National Survey of Urban Employment...
Persistent link: https://www.econbiz.de/10010322564
This paper provides new evidence on the impacts of trade reforms on wages. We first introduce a model of trade that combines a non-competitive wage setting mechanism due to unions with a factor abundance hypothesis. The predictions of the model are then econometrically investigated using...
Persistent link: https://www.econbiz.de/10011429332
From 1988 to 1995, when trade liberalization was implemented in Brazil, relative earnings of skilled workers decreased. In this paper, we in-vestigate the role of trade liberalization in explaining these relative earn-ings movements, by checking all the steps predicted by the Heckscher-Ohlin-...
Persistent link: https://www.econbiz.de/10011807291
productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …
Persistent link: https://www.econbiz.de/10010299237