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Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this … equilibrium where input sub-bundles may be traded (offshoring). The model allows for several goods and two fragments, produced … with high-skilled and low-skilled labor. I address wage and welfare effects under flexible wages, and under a minimum wage …
Persistent link: https://www.econbiz.de/10012777491
empirischen Praxis bei der Analyse der Arbeitsmarktwirkungen von Offshoring. Während sich die Theorie auf Ein- oder Zwei …-Sektor-Modelle konzentriert, nutzen empirische Studien zur Identifikation des Offshoring-Effektes die Variation in der Offshoring-Intensität über … eine große Anzahl von Branchen hinweg. Üblicherweise wird dabei ein linearer Offshoring-Term in der empirischen Analyse …
Persistent link: https://www.econbiz.de/10011814093
labor market effects of offshoring. While theory focuses on one-sector or two-sector models, empirical studies exploit … variation in offshoring across a large number of industries, typically including a linear offshoring term in the analysis … analyze the effects of offshoring across a continuum of industries with different shares of offshorable tasks that are linked …
Persistent link: https://www.econbiz.de/10011825224
labor market effects of offshoring. While theory focuses on one-sector or two-sector models, empirical studies exploit … variation in offshoring across a large number of industries, typically including a linear offshoring term in the analysis …. Thereby, these studies implicitly assume a monotonic relationship between offshoring and labor market outcomes and ignore …
Persistent link: https://www.econbiz.de/10012296049
labor market effects of offshoring. While theory focuses on one-sector or two-sector models, empirical studies exploit … variation in offshoring across a large number of industries, typically including a linear offshoring term in the analysis …. Thereby, these studies implicitly assume a monotonic relationship between offshoring and labor market outcomes and ignore …
Persistent link: https://www.econbiz.de/10012298676
We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household … show that in a standard incomplete-markets life-cycle model, first, higher-order risk has sizable welfare implications …
Persistent link: https://www.econbiz.de/10012215285
We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higherorder risk. We estimate our extended income process by GMM for household … show that in a standard incomplete-markets life-cycle model, first, higher-order risk has sizable welfare implications …
Persistent link: https://www.econbiz.de/10012182809
migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). … Arbeitslosenrate (Kapitel 5) sowie der Dynamik von Demokratie und Einkommen (Kapitel 6). …
Persistent link: https://www.econbiz.de/10011742960
offshoring” process on U.S. domestic employment and earnings in relevant services sectors. It draws upon relatively new … offshoring process sparked intense professional discussion. The study documents that U.S. trade in IT-enabled services is … computer services, an indication of substantial offshoring in that area; moreover, the significant two-way trade pattern in the …
Persistent link: https://www.econbiz.de/10014102399
, the estimation technique, the way offshoring is measured, and the unit of analysis. We also find that on average the …Over the last decades, the intensification of offshoring movements has generated important impacts on labour markets … literature that estimates the effect of offshoring on employment in the origin country. We find that, although the overall effect …
Persistent link: https://www.econbiz.de/10014256264