Agnese, Pablo; Hromcová, Jana - Institute for the Study of Labor (IZA) - 2014
We analyze the effect of low-skill workers offshoring on the welfare of the economy. In the context of a matching model … unemployment benefits to compensate for the negative welfare effects of offshoring, it would only take a small reduction in the … with different possible equilibria, we discuss two policies that could potentially outweigh the negative welfare effects of …