Similar Search Results

Labor Market Frictions as a Source of Comparative Advantage, with Implications for Unemployment and Inequality

Helpman, Elhanan - C.E.P.R. Discussion Papers - 2010

inequality. This paper reviews this approach and reports a number of results from recent studies. …

Persistent link: https://www.econbiz.de/10008468664

Firm Dynamics and Residual Inequality in Open Economies

Felbermayr, Gabriel; Impullitti, Giammario; Prat, Julien - C.E.P.R. Discussion Papers - 2014

Increasing wage inequality between similar workers plays an important role for overall inequality trends in … trade with heterogeneous firms and homogeneous workers. Wage inequality across and within firms results from their different … Hartz labor market reforms account for the sharp increase in residual inequality observed in the data. By contrast …

Persistent link: https://www.econbiz.de/10011083807

Labor Market Rigidities, Trade, and Unemployment

Helpman, Elhanan; Itskhoki, Oleg - C.E.P.R. Discussion Papers - 2009

We study a two-country two-sector model of international trade in which one sector produces homogeneous products while the other produces differentiated products. The differentiated-product industry has firm heterogeneity, monopolistic competition, search and matching in its labor market, and...

Persistent link: https://www.econbiz.de/10008477175

Export growth and factor market competition: theory and evidence

Emami Namini, Julian; Facchini, Giovanni; Lopez, Ricardo - C.E.P.R. Discussion Papers - 2011

Empirical evidence suggests that sectoral export growth decreases exporters' survival probability, whereas non--exporters are unaffected. Models with firm heterogeneity in total factor productivity predict the opposite. To solve this puzzle, we develop a two--factor framework where firms differ...

Persistent link: https://www.econbiz.de/10008854492

Foreign Trade and Investment: Firm-Level Perspectives

Helpman, Elhanan - C.E.P.R. Discussion Papers - 2013

This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these frameworks, and the empirical studies that sprouted from them.

Persistent link: https://www.econbiz.de/10011083409

Trade and Labor Market Outcomes

Helpman, Elhanan; Itskhoki, Oleg; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2011

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral …

Persistent link: https://www.econbiz.de/10008854515

Inequality and Unemployment in a Global Economy

Helpman, Elhanan; Itskhoki, Oleg; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2009

inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality … inequality. …

Persistent link: https://www.econbiz.de/10005039584

Export versus FDI

Helpman, Elhanan; Melitz, Marc J; Yeaple, Stephen R - C.E.P.R. Discussion Papers - 2003

This Paper builds a multi-country, multi-sector general equilibrium model that explains the decision of heterogeneous firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve different relative costs, some of which are sunk while...

Persistent link: https://www.econbiz.de/10005791827

A Three State Model of Worker Flows in General Equilibrium

Krusell, Per; Mukoyama, Toshihiko; Rogerson, Richard; … - C.E.P.R. Discussion Papers - 2009

We develop a simple model featuring search frictions and a nondegenerate labor supply decision along the extensive margin. The model is a standard version of the neoclassical growth model with indivisible labor with idiosyncratic shocks and frictions characterized by employment loss and...

Persistent link: https://www.econbiz.de/10005068285

Wage Premia and Skill Upgrading in Italy: Why Didn't the Hound Bark?

Manasse, Paolo; Stanca, Luca; Turrini, Alessandro Antonio - C.E.P.R. Discussion Papers - 2002

This Paper presents firm level evidence on the dynamics of non-manual wage premia and employment shares in Italian manufacturing during the nineties. We find that the relative stability of aggregate wage premia and employment shares hides offsetting disaggregate forces. First, while technical...

Persistent link: https://www.econbiz.de/10005504296