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This paper examines how experience from working in a foreign owned firm affects worker mobility. International experience can provide a worker with knowledge about foreign operations, thereby making them more attractive to other employers who are also engaged in international businesses. We...
Persistent link: https://www.econbiz.de/10013490621
We develop a model of schooling and skill acquisition, highlighting informational asymmetries that distort the incentives to educate. A key feature of our model is that education acts simultaneously as a signaling device and as a method for workers to enhance their productivity. We show that...
Persistent link: https://www.econbiz.de/10013075958
In this paper we argue that the flexibility of an economy's labour market plays a role in determining the gains from trade liberalization, the level of short-run adjustment costs, and the relative value of these two measures. To do so, we describe the model introduced in Davidson and Matusz...
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Is the pattern of trade correlated with cross-sector differences in job turnover? Theoretically, external shocks feed through to changes in domestic employment and cross-sector differences in turnover give rise to compensating wage differentials, which feed through to output prices. Using two...
Persistent link: https://www.econbiz.de/10014060920