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The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time jobs and a rollback of employment protection, unemployment benefits and...
Persistent link: https://www.econbiz.de/10012888756
By studying the factors underlying differences in trade performance across European economies, this paper derives six different “trade models” for 22 EU-countries and explores their developmental and distributional dynamics. We first introduce a typology of trade models by clustering...
Persistent link: https://www.econbiz.de/10012221278
This study explores the impact of export shocks on firms and re-aggregates results to derive distributional effects on sectors and regions. In a first step, firm level data are used to assess the empirical relationship between exports and three outcome variables – labour productivity,...
Persistent link: https://www.econbiz.de/10011914632
We present a formal model of the effect of heightened product market competition induced by trade liberalization on the distribution of income between profits and wages. Integration increases the employment cost of wage demands, thereby decreasing bargained wages and the share of rents accruing...
Persistent link: https://www.econbiz.de/10014055416
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets,...
Persistent link: https://www.econbiz.de/10003968901
Even when labour mobility is low, international integration affectslabour markets by making jobs more mobile. This runs via product market integration, which is an essential element of European integration. Increasing job mobility aects the possibilities single countries perceive in pursuing...
Persistent link: https://www.econbiz.de/10011400674
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets,...
Persistent link: https://www.econbiz.de/10002612636
Even when labor mobility is low, international integration affects labor markets by making jobs more mobile. This runs via product market integration, which is an essential element of European integration. Increasing job mobility affects the possibilities single countries perceive in pursuing...
Persistent link: https://www.econbiz.de/10013320777
Constitutional scholars, lawyers, and policy analysts have long raised concerns about executive branch overreach on trade policy. The issue exploded into prominence in 2018 when President Trump authorized tariffs on imported steel and aluminum, which his Department of Commerce had identified as...
Persistent link: https://www.econbiz.de/10012827399
In the 2X2X2 Heckscher-Ohlin model there exists a one to one relation between relative good prices and relative factor prices. A change in the relative price of one good changes the relative price of the factor used intensively in the production of the good in the same direction. We review this...
Persistent link: https://www.econbiz.de/10010335449