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In the present paper, I integrate frictional labor markets with on-the-job search into an otherwise standard heterogeneous firm model of intra-industry trade. Most importantly, I show that the returns to workers' inter-firm mobility are higher in a trade equilibrium than in autarky. Intuitively,...
Persistent link: https://www.econbiz.de/10013004141
We study the role of labor market mismatch in the adjustment to a trade liberalization that results in the offshoring of high-tech production. Our model features two-sided heterogeneity in the labor market: high- and low-skilled workers are matched in a frictional labor market with high- and...
Persistent link: https://www.econbiz.de/10013028647
The rapid rise of Chinese exports over the past few decades has raised concerns about manufacturing jobs and internal labor market outcomes in high-income countries. I analyze the effect of rising Chinese import competition on Finnish regional manufacturing employment between 1995 and 2007. The...
Persistent link: https://www.econbiz.de/10014285155
This study tests FDI technology spillover models with the assumption that learning takes time against wage bargaining … Hungarian employee-employer matched data from 1992 until 2001, and reject the FDI technology spillover model in favor of the …
Persistent link: https://www.econbiz.de/10010272307
This study tests FDI technology spillover models with the assumption that learning takes time against wage bargaining … Hungarian employee-employer matched data from 1992 until 2001, and reject the FDI technology spillover model in favor of the …
Persistent link: https://www.econbiz.de/10013316617
of studies explaining the level effects of globalization on the labor market in that it takes a look at effects on the …
Persistent link: https://www.econbiz.de/10010290729
which globalization should influence the personal distribution of market and disposable incomes as well as redistribution. I … employ panel data covering 28 OECD countries between 1960 and 2010 to analyze the impact of globalization on a set of labor … industrialized countries. Rather, the globalization-induced rise in income dispersion through greater factor price differences is …
Persistent link: https://www.econbiz.de/10010354569
Emphasis on market-friendly macroeconomic and development strategies in recent years has resulted in deleterious effects on growth and well-being, and has done little to promote greater gender equality. This paper argues that the example of East Asia states, which recognized their position as...
Persistent link: https://www.econbiz.de/10003229792
high, and that both switching costs and option value are crucial in computing welfare effects of globalization for workers …
Persistent link: https://www.econbiz.de/10012951625
Trade between the U.S. and China is widely thought to have contributed significantly to the decline in U.S. manufacturing employment --- sometimes called the China Syndrome. Flipping the point of view, we examine the impact on China of the trade growth between 2000 and 2007: We divide China into...
Persistent link: https://www.econbiz.de/10012850219