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This article investigates how changing production processes and increasing market power at the firm level relate to a fall in Germany’s manufacturing sector labour share. Coinciding with the fall of the labour share, I document a rise in firms’ product and labour market power. Notably,...
Persistent link: https://www.econbiz.de/10011975260
This paper focuses on how gender segmentation in labor markets shapes the local effects of international trade. We first develop a theoretical framework that embeds trade and gender-segmented labor markets to show that foreign demand shocks may either increase or decrease the female-to-male...
Persistent link: https://www.econbiz.de/10013500673
Are the labor market changes from exports specific to exporting industries, or do they dissipate throughout the economy? To analyze this question, we study the case of Vietnam. Vietnam exported a total of $356B, making it the number 18 exporter in the world in 2021. Recent studies show provinces...
Persistent link: https://www.econbiz.de/10014422578
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
We study the dynamic effects of export exposure over local labor markets in Indonesia. We develop an empirical strategy to instrument exposure to exports using exposure to foreign demand shocks and validate it showing that the labor market responses are consistent with those expected from demand...
Persistent link: https://www.econbiz.de/10014366874
This paper studies a labor market with directed search, where multi-worker firms follow a firm wage policy: They pay equally productive workers the same. The policy reduces wages, due to the influence of firms’ existing workers on their wage setting problem, increasing the profitability...
Persistent link: https://www.econbiz.de/10011971300
We quantify the joint impact of the China shock and automation of labor, across US commuting zones (CZs). To this end, we employ a multi-sector gravity model of trade with Roy-Frechet worker heterogeneity across sectors, where labor input can be automated. Automation and increased import...
Persistent link: https://www.econbiz.de/10013236672
income inequality. The calculations in this paper also suggest that, at least in the medium term, there could be a dampening …
Persistent link: https://www.econbiz.de/10013113153
We develop a theoretical model with labor market frictions, incomplete financial markets and with households which have two members. Households face unemployment risks but their members adjust their labor supplies to insure against unemployment. We use the model to explain the cyclical...
Persistent link: https://www.econbiz.de/10013003714
This paper presents a connecting methodology in order to trace the emerging dynamics of inequality for the youth … trace the relationship between technological advancement and their comparative levels of inequality for the youth population …
Persistent link: https://www.econbiz.de/10013021498