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On Globalization and the Concentration of Talent : A General Result on Superstar Effects and Matching
Schetter, Ulrich - 2020
We analyze how globalization affects the allocation of talent across competing teams in large matching markets … Melitz (2003) with competing teams. It also provides new insights on the distributional consequences of globalization, and on …
Persistent link: https://www.econbiz.de/10012851507
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Globalization, Wage Polarization, and the Unstable Great Ratio
Cozzi, Guido - 2014
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10013044598
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Why is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence
Dao, Mai - 2017
This paper documents the downward trend in the labor share of global income since the early 1990s, as well as its heterogeneous evolution across countries, industries and worker skill groups, using a newly assembled dataset, and analyzes the drivers behind it. Technological progress, along with...
Persistent link: https://www.econbiz.de/10012948533
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The effects of globalization and technology on the elasticity of substitution
Sala, Hector; Trivín, Pedro - 2017
, in contrast, that σ is affected by both globalization and technology, and that different intensities in these drivers … substitution between capital and labor is below unity; that it increases along with the degree of globalization; but it decreases …-output ratio on the labor share irrespective of the degree of globalization (which would be consistent with an average aggregate …
Persistent link: https://www.econbiz.de/10011704348
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Globalization, wage polarization, and the unstable great ratio
Cozzi, Guido; Impullitti, Giammario - 2014
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
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Fragmentierung : Außenhandel unter den Bedingungen vertikaler Globalisierung ; ein Überblick
Sell, Friedrich L. - 2001
Fragmentierung geben. Während man im Zusammenhang mit der Ausweitung des Nord-Süd-Handels von einer "horizontalen Globalisierung …" spricht, gilt Fragmentierung als Ausdruck einer Vertiefung des internationalen Handels ("vertikale Globalisierung"). Wir … dramatically the distribution of comparative advantage across the world economy and the existing terms of trade. Most likely …
Persistent link: https://www.econbiz.de/10010509348
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Fragmentation, globalization and labor markets
Burda, Michael C.; Dluhosch, Barbara - 2001 - Rev.
-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …
Persistent link: https://www.econbiz.de/10009614300
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Innovation, industrial dynamics and economic growth
Stadler, Manfred - 2015
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to develop higher-quality products. The realization of...
Persistent link: https://www.econbiz.de/10011295685
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Fragmentation, Globalization and Labor Markets
Burda, Michael C.; Dluhosch, Barbara - 2021
-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …
Persistent link: https://www.econbiz.de/10013321131
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Automation, globalization and vanishing jobs : a labor market sorting view
Faia, Ester; Laffitte, Sébastien; Mayer, Maximilian; … - 2020
We show, theoretically and empirically, that the effects of technological change associated with automation and offshoring on the labor market can substantially deviate from standard neoclassical conclusions when search frictions hinder efficient assortative matching between firms with...
Persistent link: https://www.econbiz.de/10012222391