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explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … both higher inequality and higher unemployment; 3) The implementation of the reform reduces unemployment, but also … decreases the exports/production ratio and increases inequality. The model also predicts that the reduction in unemployment in …
Persistent link: https://www.econbiz.de/10010498540
explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … both higher inequality and higher unemployment; 3) The implementation of the reform reduces unemployment, but also … decreases the exports/production ratio and increases inequality. The model also predicts that the reduction in unemployment in …
Persistent link: https://www.econbiz.de/10010501800
explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … both higher inequality and higher unemployment; 3) The implementation of the reform reduces unemployment, but also … decreases the exports/production ratio and increases inequality. The model also predicts that the reduction in unemployment in …
Persistent link: https://www.econbiz.de/10010502768
explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … both higher inequality and higher unemployment; 3) The implementation of the reform reduces unemployment, but also … decreases the exports/production ratio and increases inequality. The model also predicts that the reduction in unemployment in …
Persistent link: https://www.econbiz.de/10011246034
due to offshoring and (ii) the labour market reforms have subsequently reduced the offshoring-related unemployment by … inequality already generated by offshoring. In contrast with the traditional explanation based on the Hartz reforms, our model …Starting from the diagnosis that Germany has had better economic outcomes than most advanced countries since the mid …
Persistent link: https://www.econbiz.de/10013001028
explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … both higher inequality and higher unemployment; 3) The implementation of the reform reduces unemployment, but also … decreases the exports/production ratio and increases inequality. The model also predicts that the reduction in unemployment in …
Persistent link: https://www.econbiz.de/10013025334
on the job finding rate but we find mixed effects in terms of post-unemployment wages. …In diesem Papier evaluieren wir die Auswirkung von technologischem Fortschritt sowie Offshoring auf die Karriere von …
Persistent link: https://www.econbiz.de/10012137059
This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing … understanding recent increases in inequality. The empirical analysis performed herein involves a panel of 38 manufacturing and … service sectors over four time periods (1995 to 2010) across five European countries (Germany, France, Italy, Spain and United …
Persistent link: https://www.econbiz.de/10011420638
This paper investigates to which extent outward foreign direct investment (FDI) affects domestic wages. We are first interested in the raw wage differential between multinational and domestic firms. Results reveal that multinational companies pay a wage premium to their employees, even within...
Persistent link: https://www.econbiz.de/10011374041
The evidence on growing inequality in OECD countries has raised an important debate over its main drivers, pointing out … floor level) and the principle of effective demand. In particular we focus on the role of technology and offshoring as … manufacturing and service sectors over four time periods from 1995 to 2010, covering Germany, France, Italy, Spain, and United …
Persistent link: https://www.econbiz.de/10011341894