Showing 1 - 10 of 3,979
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10003847129
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10013159504
played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a … countries (LDCs) embarking on globalization, which enhances the prospect of direct technological imports or embodied …
Persistent link: https://www.econbiz.de/10010226717
In theoretical trade models with variable markups and collective wage bargaining, export exposure may reduce the exporter wage premium. We test this prediction using linked German employer-employee data from 1996 to 2007. To separate the rent-sharing mechanism from assortative matching, we...
Persistent link: https://www.econbiz.de/10010323825
In theoretical trade models with variable markups and collective wage bargaining, export exposure may reduce the exporter wage premium. We test this prediction using linked German employer-employee data from 1996 to 2007. To separate the rent-sharing mechanism from assortative matching, we...
Persistent link: https://www.econbiz.de/10009529602
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 shocks have a positive effect on wages. Exports...
Persistent link: https://www.econbiz.de/10010488816
This study uses the STAGE-LAB Computable General Equilibrium Model to analyze the potential impact of the trade shock associated with the Great Recession on labor and household income in Brazil. Our model assumes that high skilled labor is fully employed, while there is oversupply of labor in...
Persistent link: https://www.econbiz.de/10013099287
This paper develops a dynamic Heckscher Ohlin Samuelson model with sector-specific human capital and overlapping generations to characterize the dynamics and welfare implications of gradual labor market adjustment to trade. Our model is tractable enough to yield sharp analytic results, that...
Persistent link: https://www.econbiz.de/10013007387
Using a unique French firm-level dataset, we study how international trade affects the wage bargaining process at the firm level. Using instrumental variables techniques, we find that exports shocks have a positive effect on the probability that a firm-level wage agreement is signed, while...
Persistent link: https://www.econbiz.de/10013050543
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 shocks have a positive effect on wages. Exports...
Persistent link: https://www.econbiz.de/10013026411