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A simple N-country specific-factor type model with imperfectly mobile labour is developed. It is shown that the effects of country-specific productivity shocks hitting a small country are fundamentally asymmetric. A positive shock will be accommodated by a moderate wage increase and sizeable...
Persistent link: https://www.econbiz.de/10005666595
This paper explores the links between the patterns of migration (high vs. low-skill), trade policy, and foreign direct investment (FDI) from the standpoint of sending countries. A skeleton general equilibrium model with a non-traded good and sector-specific labour is used to explore the effects...
Persistent link: https://www.econbiz.de/10005124277
We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981–2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year...
Persistent link: https://www.econbiz.de/10005114286
exchange rates during the classical gold standard era. Theory suggests that a completely credible and permanent commitment to …
Persistent link: https://www.econbiz.de/10011165661
considered to be competitors for these resources. The question of how attitudes of majority populations towards immigration are … immigration from different minority groups, as well as attitudes towards related concerns, like job security and benefit … expenditures. We specify and estimate a multiple factor model. The correlation between answers to questions on immigration and on …
Persistent link: https://www.econbiz.de/10005656173
Our paper investigates the link between international outsourcing and wages utilizing a large household panel and combining it with industry level information on industries' outsourcing activities from input-output tables. This approach avoids problems such as aggregation bias, potential...
Persistent link: https://www.econbiz.de/10005497784
imports but German sector-level outcomes exhibit some covariation consistent with faster task offshoring in sectors exposed to …
Persistent link: https://www.econbiz.de/10011084694
-level trade flows with firm-specific instrumental variables based on world demand and supply shocks. Both export and offshoring … shocks have a positive effect on wages. Exports increase wages for all occupational categories while offshoring has … elasticity of wages with respect to exports and offshoring is higher than in firms with no collective bargaining. Wage gains …
Persistent link: https://www.econbiz.de/10011196039
workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high …
Persistent link: https://www.econbiz.de/10004964417
We analyze the effects of offshoring of intermediate input production on labour demand in Sweden, distinguishing … that offshoring -- in particular to low-income countries -- tends to shift labour demand away from workers with an … intermediate level of education. Offshoring to high-income countries, which is the largest component of overall offshoring, does …
Persistent link: https://www.econbiz.de/10005791786