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deterioration in the relative wages of unskilled workers.This involves a model of North-Northintegration through either increased …
Persistent link: https://www.econbiz.de/10011303867
fragmentation and wages. Exploiting a rich dataset on over 110,000 workers from nine Eastern and Western European countries and the … United States, we study the relationship between individual workers' wages and industry ties into global value chains (GVCs …). We find an inverse (but weak) relationship between the degree of industries' involvement in GVCs and wages. Workers …
Persistent link: https://www.econbiz.de/10012906953
The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid …
Persistent link: https://www.econbiz.de/10012745407
Economy-wide shocks affect demand, supply, and intermediary sectors simultaneously. We dissect the impact of the Covid-19 pandemic on international trade by combining information from customs records, smartphone-based human mobility, and container ship port calls. We find that local disruptions...
Persistent link: https://www.econbiz.de/10015057719
During crises, governments resort to extraordinary fiscal and financial measures to mitigate the recessionary impacts of crises. These macroeconomic intervention measures along with aggregate demand and supply shocks and policy choices would affect the exporting environment of a country through...
Persistent link: https://www.econbiz.de/10014352025
and wages of low-skilled workers, and for trade and regulatory policy, such as labor standards …
Persistent link: https://www.econbiz.de/10014055274
This paper develops a framework for studying the effects of higher trade openness on the wage distribution that emphasizes within-industry labor reallocation across firms, strong skill-productivity complementarities in production and heterogenous fixed export costs across firms. Assuming no...
Persistent link: https://www.econbiz.de/10014080809
Persistent link: https://www.econbiz.de/10012916378
This paper is concerned about addressing a question that has become critical in international trade, during the past three decades: "What factors explain the worldwide increase in skill premiums following international trade integration and increasingly globalized economies"? I propose a new...
Persistent link: https://www.econbiz.de/10012972121
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