This paper’s analysis of working conditions in Europe compares several aspects of job quality and wages, rather than relying on earnings as a sole indicator of workers’ well-being.We use a micro-level database of workers from 22 European countries to assess how global value chains (GVCs) and...

Using a linear panel data model with a fixed-effect estimator, this article investigates the causal effect of the growing use of Chinese intermediates on the labour productivity growth in Nordic manufacturing production processes. The main result – based on changes within more than 70 global...

We analyze how trade affects aggregate volatility using a multi-country, multiindustry, and multi-destination framework. We decompose aggregate output growth risk into destination risk, origin risk, and idiosyncratic risk (and their covariances). We then use this framework to run counterfactuals...

The organisation of global value chains via supplier links and within business groups shapes global trade and forms a major channel through which knowledge is disseminated between countries. Global value chains are also an important channel through which economic shocks propagate. At the same...