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This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
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This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10003926723
, questions are: Was there an increase in price volatility? Did it came from the world markets? What is the impact of price … world markets. This development is still reasonable, since Germany has participated as a member of the EU in the reform … process of the CAP, whose ultimate goal is to open the markets of the EU the world market. The withdrawal of the policy during …
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