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FDI, skill-specific unemployment, and institutional spillover effects
Schmerer, Hans-Jörg - Institut für Weltwirtschaft (IfW) - 2012
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/10009416986
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Skill-biased labor market reforms and international competitiveness
Schmerer, Hans-Jörg - In: Economics - The Open-Access, Open-Assessment E-Journal 6 (2012), pp. 1-39
This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to unemployment and a channel for the government to...
Persistent link: https://www.econbiz.de/10010981404
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Foreign direct investment and search unemployment: Theory and evidence
Schmerer, Hans-Jörg - In: International Review of Economics & Finance 30 (2014) C, pp. 41-56
margin. Whether a country benefits from foreign direct investments (FDI) in terms of unemployment depends on the respective … country's net-FDI, measured as the difference between in- and outward FDI. The link between FDI and unemployment derived in … the model is tested using macroeconomic data for 19 OECD countries on unemployment, FDI, and labor market institutions …
Persistent link: https://www.econbiz.de/10011048254
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Trade liberalization and unemployment: Theory and evidence from India
Hasan, Rana; Mitra, Devashish; Ranjan, Priya; Ahsan, … - In: Journal of Development Economics 97 (2012) 2, pp. 269-280
A widely held view among the public is that trade liberalization increases unemployment. Using state and industry-level unemployment and trade protection data from India, we find no evidence of any unemployment increasing effect of trade reforms. In fact, our state-level analysis reveals that...
Persistent link: https://www.econbiz.de/10010574928
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Toward a theory of labor market institutions
Paul, Gilles Saint - Department of Economics and Business, Universitat … - 1999
Standard economic analysis holds that labor market rigidities are harmful for job creation and typically increase unemployment. But many orthodox reforms of the labor market have proved difficult to implement because of political opposition. For these reasons it is important to explain why we...
Persistent link: https://www.econbiz.de/10005772279
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Inheritance, Search Friction and International Trade: A General Equilibrium Model
Mazumder, Debojyoti - Volkswirtschaftliche Fakultät, … - 2013
In a general equilibrium framework, an economy, with one non-traded final good and two traded intermediate goods, is modeled in this paper. It is shown that even if the economy consists of one frictionless labor market and a labor market with the search-friction, a status-conscious preference...
Persistent link: https://www.econbiz.de/10011111305
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Trade and Labor Reallocation with Heterogeneous Enforcement of Labor Regulations
Almeida, Rita K.; Poole, Jennifer P. - Institute for the Study of Labor (IZA) - 2013
This paper revisits the question of how trade openness affects labor market outcomes in a developing country setting. We explore the fact that plants face varying degrees of exposure to global markets and to the enforcement of labor market regulations, and rely on Brazil's currency crisis in...
Persistent link: https://www.econbiz.de/10010959770
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Skill-biased labor market reforms and international competitiveness
Schmerer, Hans-Jörg - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2012
"This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (1994) give rise to unemployment and a channel for the government to influence markets through institutional changes. Labor market...
Persistent link: https://www.econbiz.de/10010643584
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Trade and Unemployment: What do the data say?
Felbermayr, Gabriel J; Prat, Julien; Schmerer, Hans-Jörg - Institut für Volkswirtschaftslehre, Fakultät … - 2009
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 es- tablish 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/10004968927
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Trade and Unemployment: What Do the Data Say?
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - Institute for the Study of Labor (IZA) - 2009
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/10005030877