Barriers to outsourcing that are being currently implemented in the US effectively tax its companies who export jobs through outsourcing. The objective is to raise domestic employment. Given that many of the important international markets where the US has a comparative advantage feature...

Am 7. November 2018 fand der 18. ifo Branchen-Dialog statt. Neben Branchenprognosen zu den einzelnen Wirtschaftssektoren standen die Themen (digitale) Transformation von Herstellern zu Dienstleistern, die Rolle von Dienstleistungen im globalen Wettbewerb, die Herausforderungen der...

In this paper, we study the growth rates of 4-digit sectors in U.S. manufacturing. Two measures of size (value of shipments, value added) are considered, for each of the 38 years (1959-1996) of a sample of 458 4-digit sectors, drawn from the NBER Manufacturing Productivity database. Whole sample...

We study differences in the adjustment of aggregate real wages in the manufacturing sector over the business cycle across OECD countries, combining results from different data and dynamic methods. Summary measures of cyclicality show genuine cross-country heterogeneity even after controlling for...