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From the early 1990s until 2005 the unemployment rate rose in Germany from 7.3% to 11.7%. While the unemployment rate … productivities in Germany and Eastern Europe grew strongly during the same period, enhancing the joint trade. The "rise of the East … Eastern European productivity shock. The focus lies on the national and county level (including 402 counties). As the effects …
Persistent link: https://www.econbiz.de/10012615512
Persistent link: https://www.econbiz.de/10014251815
Development economists generally concur that the implications of economic reform for employment are influenced by an economy's institutional framework. This paper examines the extent to which differences in regional labour market flexibility shaped the impact of unanticipated economic reforms on...
Persistent link: https://www.econbiz.de/10012021693
This paper discusses the measurement of production and employment effects of trade policy, and more broadly the effects of economic integration and globalization. First, it provides a broad-brush overview of the ex-post literature linking trade to performance, such as measures of worker...
Persistent link: https://www.econbiz.de/10011335212
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010341027
On May 5, 2020, the U.S. Trade Representative announced plans to negotiate a free trade agreement with the United Kingdom. We use GTAP to model the economic impacts of this free trade agreement, exclusively focusing on the bilateral tariff elimination. We find that a standard GTAP model leads to...
Persistent link: https://www.econbiz.de/10013215978
This paper takes a careful look at a recent International Monetary Fund (IMF) Working Paper that claims to find significant gains for liberalization of trade through the World Trade Organization. It is not clear that the reported gains are at all large. The IMF paper shows that multilateral...
Persistent link: https://www.econbiz.de/10011265861
disclose the direct and indirect influence of major trading partners on Germany's production, employment, and qualification … Qualifikationsbedarf in Deutschland. Zur Quantifizierung dieser Effekte wird das dynamische makro-ökonometrische Input-Output-Modell IAB …
Persistent link: https://www.econbiz.de/10009752731
, and those chapters that are accompanied by an empirical analysis rely primarily on structural estimation. …
Persistent link: https://www.econbiz.de/10011698364
, and those chapters that are accompanied by an empirical analysis rely primarily on structural estimation. …
Persistent link: https://www.econbiz.de/10011736433