Der Euro feiert demnächst Geburtstag. Seit zehn Jahren bestimmt die europäische Gemeinschaftswährung den wirtschaftlichen Alltag in nunmehr 15 EU-Staaten. Politisch ist sie eine Erfolgsgeschichte, die ökonomischen Implikationen werden jedoch teils kontrovers diskutiert. Eine Debatte...

Die funktionale Einkommensverteilung ist eines der klassischen Themen der Makroökonomik. Sie beschreibt die Aufteilung des Volkseinkommens auf die in der Produktion eingesetzten Faktoren - in der Regel Arbeit und Kapital. Der Anteil des Faktors Arbeit wird üblicherweise durch die sogenannte...

Wissenschaftler des ZEW und der Universität Mannheim untersuchen in einer aktuellen Studie den Zusammenhang zwischen Offshoring und Einkommensrisiko - ein Aspekt der bisher in der Literatur kaum Beachtung gefunden hat. Das überraschende Ergebnis: Steigt in einem Sektor die...

This paper provides new evidence on how offshoring shifts relative labor demand for tasks at the industry level. A novel theoretical mechanism, based on sorting of heterogeneous workers into occupations with task dependent offshoring cost, guides estimation. Cost shares of tasks are linked to...

We offer a theoretical explanation and empirical evidence for a positive link between increased offshoring and individual skill upgrading. Skill upgrading takes the form of on-the-job training, complementing the existing literature, which mainly focuses on the retraining of workers after a...

We offer a theoretical explanation and empirical evidence for a positive link between increased offshoring and individual skill upgrading. Skill upgrading takes the form of on-thejob training, complementing the existing literature, which mainly focuses on the retraining of workers after a direct...

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected European economies. Our measure of sectoral labor reallocation is adjusted for aggregate influences and the remaining variation is linked to unemployment in country specific...

Recent developments in information and communication technologies (ICT) and the growth of emerging economies such as China and India have not only increased international trade but have also led to offshoring of activities away from Europe. A firm's decision to move production away from Europe...

This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large number of studies explaining the level effects of globalization on the labor market in that it takes a look at effects on second moments, i.e. the variance of incomes. It provides...

Using a unique German firm-level data set, we provide empirical evidence for a productivity sorting along two dimensions: international activity and technology choice. We consider domestic and exporting firms and measure technology choice by firms' actual use of advanced information technology...