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In recent decades new technology has led to increasing demand for well-educated labour at the expense of labour with lower education levels. Moreover, increased imports from low-cost countries have squeezed out many Norwegian manufacturing firms employing a sizeable share of workers with low...
Persistent link: https://www.econbiz.de/10011968134
development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many highproductive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …
Persistent link: https://www.econbiz.de/10011451391
This paper focuses on how gender segmentation in labor markets shapes the local effects of international trade. We first develop a theoretical framework that embeds trade and gender-segmented labor markets to show that foreign demand shocks may either increase or decrease the female-to-male...
Persistent link: https://www.econbiz.de/10014296636
Are the labor market changes from exports specific to exporting industries, or do they dissipate throughout the economy? To analyze this question, we study the case of Vietnam. Vietnam exported a total of $356B, making it the number 18 exporter in the world in 2021. Recent studies show provinces...
Persistent link: https://www.econbiz.de/10014469331
We study the dynamic effects of export exposure over local labor markets in Indonesia. We develop an empirical strategy to instrument exposure to exports using exposure to foreign demand shocks and validate it showing that the labor market responses are consistent with those expected from demand...
Persistent link: https://www.econbiz.de/10014469711
development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many high-productive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …
Persistent link: https://www.econbiz.de/10011430585
development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many highproductive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …
Persistent link: https://www.econbiz.de/10011434439
This chapter reviews the evidence on the linkages between globalization and poverty, drawing on the collected works of Jagdish Bhagwati and the results of an National Bureau of Economic Research (NBER) project directed by Ann Harrison, Globalization and Poverty. We focus on two measures of...
Persistent link: https://www.econbiz.de/10009647353
This paper focuses on how gender segmentation in labor markets shapes the local effects of international trade. We first develop a theoretical framework that embeds trade and gender-segmented labor markets to show that foreign demand shocks may either increase or decrease the female-to-male...
Persistent link: https://www.econbiz.de/10013500673
We study the dynamic effects of export exposure over local labor markets in Indonesia. We develop an empirical strategy to instrument exposure to exports using exposure to foreign demand shocks and validate it showing that the labor market responses are consistent with those expected from demand...
Persistent link: https://www.econbiz.de/10014366874