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Productivity as if Space Mattered: An Application to Factor Markets Across China

Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - CESifo - 2013

Although firms may face radically different production conditions, this dimension of firm heterogeneity is often overlooked. We model input demand across local factor markets, explicitly considering search costs which explain why firms care about both the price and availability of inputs. The...

Persistent link: https://www.econbiz.de/10010877649

Compensating the losers of free trade

Asatryan, Zareh; Braun, Sebastian; Lechthaler, Wolfgang; … - WWWforEurope - 2014

Fears of rising wage inequality and job loss loom large in current debates on free trade. Surprisingly, however, there exists little academic research on how to compensate those who lose from free trade. This policy paper reviews the existing theoretical literature on trade and compensation, and...

Persistent link: https://www.econbiz.de/10010928065

The Effects of Globalization on Wage Inequality: New Insights from a Dynamic Trade Model with Heterogeneous Firms

Mileva, Mariya; Braun, Sebastian; Lechthaler, Wolfgang - WWWforEurope - 2013

Fears of increasing inequality play a dominant role in current debates on how globalization is affecting our economies. After a brief review of recent trends in wage inequality, this policy paper presents new insights on the dynamic effect of trade liberalization on wage inequality. In the...

Persistent link: https://www.econbiz.de/10010928083

The Well-Meaning Economist

Gorajek, Adam - 2019

Economists usually inform policymakers with conclusions that come from studying the conditional expectation, i.e. arithmetic mean, of some potential outcome. But there are other means to study, from the same ‘quasilinear' family. And they can support very different conclusions. In trade...

Persistent link: https://www.econbiz.de/10012862699

Resolution for the Eurozone Crisis : An Analysis of the Root Causes, Consequences of Current Policies, and Potential Economic and Structural Solutions

Kuo, Roy - 2013

The paper provides a comprehensive overview of the historical problems and causes of the crisis, explains the choices available for the peripheral EU countries and the potential consequences, and discusses potential solutions which take into account how the EU operates. The Eurozone still makes...

Persistent link: https://www.econbiz.de/10014161383

Chapter 34 The labor market implications of international trade

Johnson, George; Stafford, Frank - In: Handbook of labor economics : volume 3, part B, (pp. 2215-2288). 1999

The general equilibrium analysis of many important labor market issues is very different in an economy that is open to international trade than an economy (like the US in the 1950s) in which trade is not very important. Despite the fact that individual national economies have become increasingly...

Persistent link: https://www.econbiz.de/10014024712

Welfare Policies, Labour Taxation and International Integration

Andersen, Torben M. - Institute for the Study of Labor (IZA) - 2001

How will international integration affect welfare policies? This paper considers the possibilities of financing public sector activities (public consumption and social security expenses) by general (wage) taxation in an economy which becomes more integrated in international product markets. Even...

Persistent link: https://www.econbiz.de/10005703732

Entrepreneurship in Early-Modern Europe (1450 - 1750): An Exploration of Some Unfashionable Themes in Economic History

Munro, John H. - University of Toronto, Department of Economics - 2006

Entrepreneurship, by its very essence, concerns the theory of the firm --- the individual enterprise --- which in turn is the essential core of micro-economics. A major theme of this study, however, is to demonstrate the interaction of micro- and macro-economic phenomena: to show how such firms...

Persistent link: https://www.econbiz.de/10005704726

Trade Policy and Labor Services: Final Status Options for the West Bank and Gaza

Schiff, Maurice - Institute for the Study of Labor (IZA) - 2004

This paper considers the policy options of the West Bank and Gaza (WBG) with respect to trade and the exports of labor services. It concludes that i) a non-discriminatory trade policy (NDTP) is unambiguously superior to an FTA with Israel; ii) the WBG should pursue a NDTP with all its neighbors,...

Persistent link: https://www.econbiz.de/10005822305

Hanseatic commerce in textiles from the Low Countries and England during the Later Middle Ages: changing trends in textiles, markets, prices, and values, 1290 - 1570

Munro, John H. - Volkswirtschaftliche Fakultät, … - 2007

cripple the export-oriented production of the very cheap and light fabrics, most of which had been sent to Mediterranean … Countries and England to re-orient their export-oriented cloth production more and more towards high-priced ultra-luxury quality … woollens, woven almost exclusively from the finer English wools, but wools that came to be burdened with high export taxes; and …

Persistent link: https://www.econbiz.de/10005837276