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equilibrium where input sub-bundles may be traded (offshoring). The model allows for several goods and two fragments, produced … with high-skilled and low-skilled labor. I address wage and welfare effects under flexible wages, and under a minimum wage …. I also explore trade policy implications and compare offshoring to migration …
Persistent link: https://www.econbiz.de/10012777491
, respectively. Offshoring to these origins has opposing effects on German wages with respect to the relative task complexity of jobs …: While offshoring to the West puts pressure on the wages of complex jobs and increases the wages of simple jobs, offshoring … nach der Komplexität seines Aufgabenspektrums unterschieden und Offshoring je nach Lohnniveau des Ziellandes eingeteilt …
Persistent link: https://www.econbiz.de/10012655198
. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but …
Persistent link: https://www.econbiz.de/10011742945
. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but … similar frameworks. In the first framework the profitability of offshoring is based on increasing returns to scale on the task …
Persistent link: https://www.econbiz.de/10010395778
welfare gains when domestic firms increasingly offshore production to foreign countries. -- Trade ; offshoring ; wages ; labor …This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large … offshoring trends at the sector level. Importantly, we distinguish between transitory and permanent shocks to individual income …
Persistent link: https://www.econbiz.de/10009521124
Persistent link: https://www.econbiz.de/10009665391
Persistent link: https://www.econbiz.de/10001511537
It is widely believed that globalization increases the volatility of employment and decreases the bargaining power of workers. One mechanism explaining this relationship is given by the long-standing Hicks-Marshall laws of derived demand: with international trade increasing competition and...
Persistent link: https://www.econbiz.de/10009771744
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010238353
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010250050