show that the marginal income risk effect on wages is always positive whereas the marginal unemployment risk effect …We examine whether income and unemployment risks are compensated by individual wages. Using a portfolio approach we … crucially depends on the income risk. The interaction effect between both risk measures is negative. Using administrative panel …

analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … raises growth of technology, labor productivity and real wages. I show, however, that a slowdown in productivity and … stagnation of real wages can in this setting constitute two sides of the same coin as a result of the shift in employment: In the …

by the share of offshoring firms in the economy. The intuition for this result is straightforward. The progressive income …We look at the effect of domestic redistribution policy on offshoring in an asymmetric two country model of … progressive income tax and a lump-sum transfer. We find that the redistribution scheme lowers the degree of globalization measured …

accounting gains lower income groups would suffer welfare losses and higher income groups enjoy welfare gains through indirect …

imply a semi-elasticity of native wages to immigration of −0.7 if the extensive margin of labour supply is ignored (the … zeroes of displaced workers are averaged in), and +0.12 on the wages of those who remain working. The effect on immigrant … wages is unambiguously negative. …

investment (FDI) policy reform on employment and wages. The so-called negative investment list regulates FDI at the highly …