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A parsimonious structural model of price and quantity dynamics is applied to Swedish exports and export prices for manufactured goods 1972-1996. Two sources of dynamics are considered: customer markets and pre-set prices. The dynamic adjustment of exports is very much in line with what the...
Persistent link: https://www.econbiz.de/10010321737
This paper aims to explore the factors influencing the ability of firms to compete in globalised markets. The Austrian and evolutionary economics and the endogeneous growth literature highlight the role of innovation activities in enabling firms to compete more effectively - and expand their...
Persistent link: https://www.econbiz.de/10011430869
In this paper we empirically explore the make-or-buy decisions of peripheral services in manufacturing plants using detailed information on a data set from a new plant-level survey from 926 plants distributed in all manufacturing industries in Spain. In particular, survey respondents are asked...
Persistent link: https://www.econbiz.de/10010291328
human capital may be heterogeneous and where firms may offer different combinations of entry level wages and firm specific … human capital development. We allow for the the possibility that wages are match specific and that workers move jobs as a …
Persistent link: https://www.econbiz.de/10010293036
The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...
Persistent link: https://www.econbiz.de/10010326479
In this paper, we study gains and losses that accrue to natives because of immigration. The gain on the aggregated level is called the ?immigration surplus?, which can be seen as analogous to a consumer surplus. We derive changes in the earnings of native owners of production factors by...
Persistent link: https://www.econbiz.de/10010261625
the labor market. Its impact on employment, wages and wealth depends crucially on the design of immigration policy …
Persistent link: https://www.econbiz.de/10010262255
knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10010262477
productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10010267487