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Policies and programs designed to protect workers may, paradoxically, have a negative impact on labor as a whole by increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds that the unemployment rate is affected by the...
Persistent link: https://www.econbiz.de/10013137884
shows that growing import competition from China differentially reduced earnings and employment rates for workers in more … largest for lower-skilled individuals. We show that domestic manufacturing employment declined much more in countries that saw …
Persistent link: https://www.econbiz.de/10012745407
exploiting offshoring. It implies that automation (offshoring) may reduce (raise) employment by lengthening (shortening …
Persistent link: https://www.econbiz.de/10012833248
We study the political economy of labour market policies. First, it is shown that tax and redistributive considerations lead inside workers to prefer spending on active labour market programmes to passive spending, e.g., on unemployment benefits. We also show that greater active spending may be...
Persistent link: https://www.econbiz.de/10010332374
Migration is an unavoidable aspect of globalization. While full flexibility is politically unfeasible, the paper argues for regulated openness. Migration in the age of globalization should be judged according to the labor market needs of the receiving countries. This would also serve best the...
Persistent link: https://www.econbiz.de/10010262379
We study the political economy of labour market policies. First, it is shown that tax and redistributive considerations lead inside workers to prefer spending on active labour market programmes to passive spending, e.g., on unemployment benefits. We also show that greater active spending may be...
Persistent link: https://www.econbiz.de/10002194066
International migration of people is a momentous and complex phenomenon. Research on its causes and consequences, requires sufficient data. While some datasets are available, the nature of migration complicates their scientific use. Virtually no existing dataset captures international migration...
Persistent link: https://www.econbiz.de/10013157341
I describe the American economy in the twenty-first century as a dual economy in the spirit of W. Arthur Lewis. Similar to the subsistence and capitalist economies characterized by Lewis, I distinguish a low-wage sector and a FTE (Finance, Technology, and Electronics) sector. The transition from...
Persistent link: https://www.econbiz.de/10013011709
Migration is an unavoidable aspect of globalization. While full flexibility is politically unfeasible, the paper argues for regulated openness. Migration in the age of globalization should be judged according to the labor market needs of the receiving countries. This would also serve best the...
Persistent link: https://www.econbiz.de/10013321259
In this paper we argue that the flexibility of an economy's labour market plays a role in determining the gains from trade liberalization, the level of short-run adjustment costs, and the relative value of these two measures. To do so, we describe the model introduced in Davidson and Matusz...
Persistent link: https://www.econbiz.de/10014139555