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We empirically investigate the effects of the internationalisation of Belgian firms on domestic demand for production and non-production workers, which are used as proxies for unskilled and skilled labour. Distinction is made between home-employment effects of firms’ internationalisation,...
Persistent link: https://www.econbiz.de/10011596407
latest waves of offshoring activities from old to new EU members may have been more likely to hurt (low-skill) workers in the … old EU than offshoring to east Asia …
Persistent link: https://www.econbiz.de/10014189093
Exports from China have surged substantially since its accession to the World Trade Organization in 2001. We investigate how this expansion affected income inequality within European regions by separating the trade pressure experienced in external and domestic markets, as well as exploring the...
Persistent link: https://www.econbiz.de/10012219034
The EU and the US have started negotiations on a Transatlantic Trade and Investment Partnership Agreement (TTIP) which … turns out to be misleading the high imports of intermediate inputs of German firms from EU partner countries suggests that a … comparison EU-US is analytically required for some key issues and that considering the effects on EU partners is also useful …
Persistent link: https://www.econbiz.de/10010354546
We analyse euro area investors' portfolio rebalancing during the ECB's Asset Purchase Programme at the security level. Our empirical analysis shows that euro area investors (in particular investment funds and households) actively rebalanced away from securities targeted under the Public Sector...
Persistent link: https://www.econbiz.de/10012836534
This paper analyzes the drivers of cross-border bank lending to 49 Emerging Markets (EMs) during the period 1990Q1-2014Q4, by assessing the impact of monetary, financial and real sector shocks in both the US and the euro area. The literature has traditionally highlighted the influence of US...
Persistent link: https://www.econbiz.de/10012859870
This paper identifies globalization as a factor behind the rapid increase in executive compensation and inequality over … executive compensation, indicating that globalization is influencing compensation through pay-for-non-performance. Furthermore … firms with poor corporate governance, as one would expect if globalization has enhanced rent-capture opportunities. Overall …
Persistent link: https://www.econbiz.de/10011741873
We analyze the effect of rising protectionism towards foreign direct investment (FDI) on domestic employment, exploiting revisions in Indonesia's highly-granular negative investment list, and spatial variation in the exposure of the manufacturing sector to these investment restrictions. Rising...
Persistent link: https://www.econbiz.de/10014533906