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In 2005 the German government implemented the so-called Hartz IV reform, which amounted to a complete overhaul of the German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long-term unemployed. In this paper, we use an incomplete-market...
Persistent link: https://www.econbiz.de/10011490127
The EU and the US have started negotiations on a Transatlantic Trade and Investment Partnership Agreement (TTIP) which …
Persistent link: https://www.econbiz.de/10010354546
We examine how the rapid growth in imports of manufactured goods from China affected industry-level employment in Australia from 1991 to 2006. Our analysis incorporates both the direct effect from increased import competition, and indirect spill-over effects from input-output linkages. We...
Persistent link: https://www.econbiz.de/10012321018
We simulate a version of the EAGLE, a New Keynesian multi-country model of the world economy, to assess the macroeconomic effects of US tariffs imposed on one country member of the euro area (EA), and the rest of the world (RW). The model is augmented with an endogenous effective lower bound...
Persistent link: https://www.econbiz.de/10012829369
We simulate a version of the EAGLE, a New Keynesian multi-country model of the world economy, to assess the macroeconomic effects of US tariffs imposed on one country member of the euro area (EA), and the rest of the world (RW). The model is augmented with an endogenous effective lower bound...
Persistent link: https://www.econbiz.de/10012241231
causes an additional indirect effect through a terms-of-trade shift between the foreign countries. To quantify the increase …
Persistent link: https://www.econbiz.de/10011286047
In this paper we analyze the (potential) effects of labour market and fiscal policy reforms by heterogeneous European countries - Germany and France - on the domestic and foreign economy. We test the implications of the gains in matching efficiency and reduced unemployment benefits induced by...
Persistent link: https://www.econbiz.de/10010432449
We estimate the impact of international trade on wages using data for French manufacturing firms. We instrument firm …-level trade flows with firm-specific instrumental variables based on world demand and supply shocks. Both export and offshoring … heterogeneous effects. The impact of trade on wages varies across bargaining regimes. In firms with collective bargaining, the …
Persistent link: https://www.econbiz.de/10010488816
I analyze the effects of increased imports from China on Japanese prefecture- level labor markets from 1995 to 2007. This paper presents evidence that the growth in imports from China positively affected manufacturing employment growth at the prefecture level in Japan. This result is in contrast...
Persistent link: https://www.econbiz.de/10012972435
Using a unique French firm-level dataset, we study how international trade affects the wage bargaining process at the …
Persistent link: https://www.econbiz.de/10013050543