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labour (low and high-skilled) are distinguished and in which, due to wage rigidies, unemployment may arise. We also introduce … globalisation. A first conclusion is that the impact on wages and unemployment depends critically on the level and type of the … performed, the unemployment outcome as globalisation progresses. A final conclusion is that it matters a great deal for th …
Persistent link: https://www.econbiz.de/10001473645
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … improvements in the technology of offshoring. -- offshoring ; trade in tasks ; unemployment ; search and matching …
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We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect …
Persistent link: https://www.econbiz.de/10013144365
. We develop a model of task trade that allows for equilibrium unemployment. In this model, there are two margins of …-monotonic adjustment: Early stages of offshoring always lead to higher unemployment, while later stages may entail net job creation. We … highlight this potential through numerical simulations. -- Offshoring ; Trade in Tasks ; Unemployment ; Non-monotonicity …
Persistent link: https://www.econbiz.de/10009229069
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In recent years, trade in intermediate goods has increased manifold with the emergence of global value chains (GVCs). China has emerged as one of the leading countries in the whole GVC network; many countries, including the USA, are heavily dependent on China for the intermediates in the...
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which two types of labour (low and high-skilled) are distinguished and in which, due to wage rigidities, unemployment may … of the effect of globalisation. A first conclusion is that the impact on wages and unemployment depends critically on the … unemployment outcome as globalisation progresses. A final conclusion is that it matters a great deal for the effects of …
Persistent link: https://www.econbiz.de/10013321073