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This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalisation (1871-1913). We show that this shock accelerated the structural change in the Prussian economy through migration of...
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This paper tests the pro-competitive effect of trade in the product and labor markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and...
Persistent link: https://www.econbiz.de/10013317547
We investigate the effects of Chinese import competition on transitions into and out of employment using comparable … increased probability that employed workers become unemployed and with a reduction in worker flows from unemployment to …
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-level panel data matched with employer data for the period 1999 to 2010, I exploit the dismantling of import quotas on Chinese … low-wage import shock on workers' future earnings and employment trajectories, which stems mainly from shortened …. While the service sector is the main absorber of all types of workers displaced by the import shock, recovery from the shock …
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The extent of low-wage work in Germany is hotly debated. In international comparisons fromthe mid-90s, Germany is often classified as a country with a low wage dispersion. Comparedto the USA and UK, Germany has a relatively equal income structure and a small proportionof low-paid workers (OECD 1996;...
Persistent link: https://www.econbiz.de/10005859439