According to Research Associate Thomas I. Palley, global outsourcing represents a new economic challenge that calls for … a new set of institutions. In this brief, he expands upon the problems of offshore outsourcing as outlined in Public … Policy Brief no. 86 and focuses on the microeconomic foundations. He argues that outsourcing is a central element of …

and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …