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Skills, Labour Costs and Vertically Differentiated Industries: A General Equilibrium Analysis
Lutz, Stefan; Turrini, Alessandro Antonio - C.E.P.R. Discussion Papers - 2000
The effect of labour costs on industry profits, employment and labour income is at the heart of the current European debate on industry competitiveness. High wages paid in European countries such as Germany are generally considered harmful for industry profitability. Although, high wages also...
Persistent link: https://www.econbiz.de/10005124124
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Socially Responsible Trade Integration: A Political Economy Perspective
Verdier, Thierry - C.E.P.R. Discussion Papers - 2004
Paper emphasizes that in order to understand the position of globalization skeptics and respond adequately to their …
Persistent link: https://www.econbiz.de/10005662196
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Tax Rates and Tax Evasion: Evidence from 'Missing Imports' in China
Fisman, Raymond; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2001
Tax evasion, by its very nature, is difficult to observe. In this Paper, we present a case study of tax evasion in China. The novel feature of our approach is that at a very disaggregated level of individual products, we can measure evasion relatively precisely, by comparing the values that...
Persistent link: https://www.econbiz.de/10005667095
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From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia
Kugler, Adriana D. - C.E.P.R. Discussion Papers - 2002
In 1990 Colombia replaced its traditional system of severance payments with a new system of severance payments savings accounts (SPSAs). Although severance payments often are justified on the grounds that they provide insurance against earnings loss, they also increase costs for employers and...
Persistent link: https://www.econbiz.de/10005791811
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Optimal Tax Progressivity: An Analytical Framework
Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - C.E.P.R. Discussion Papers - 2014
What shapes the optimal degree of progressivity of the tax and transfer system? On the one hand, a progressive tax system can counteract inequality in initial conditions and substitute for imperfect private insurance against idiosyncratic earnings risk. At the same time, progressivity reduces...
Persistent link: https://www.econbiz.de/10011084652
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Social Mobility and the Demand for Redistribution: the POUM Hypothesis
Bénabou, Roland; Ok, Efe A - C.E.P.R. Discussion Papers - 1998
Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain why democracies do not engage in large-scale...
Persistent link: https://www.econbiz.de/10005662178
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Globalization, Industrial Policy and Clusters
Forslid, Rikard; Ulltveit-Moe, Karen-Helene - C.E.P.R. Discussion Papers - 2002
This Paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically linked upstream and downstream firms. We show that optimal policy towards upstream industries typically differ from the optimal policy towards downstream industries....
Persistent link: https://www.econbiz.de/10005661682
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Globalization: A Woman’s Best Friend? Exporters and the Gender Wage Gap
Bøler, Esther Ann; Javorcik, Beata; Ulltveit-Moe, … - C.E.P.R. Discussion Papers - 2015
While the impact of globalization on income inequality has received a lot of attention,little is known about its effect …
Persistent link: https://www.econbiz.de/10011196036
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Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization
O'Rourke, Kevin Hjortshøj - C.E.P.R. Discussion Papers - 2003
The aim of the Paper is to see whether individuals’ attitudes towards globalization are consistent with the predictions … of Heckscher-Ohlin theory. The theory predicts that the impact of being skilled or unskilled on attitudes towards trade …-skilled are pro-globalization in rich countries; while in some of the very poorest countries in the sample being high-skilled has …
Persistent link: https://www.econbiz.de/10005661671
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Global View of Economic Growth
Ventura, Jaume - C.E.P.R. Discussion Papers - 2005
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005666914