We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry (“narrow … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way …

In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality … premium as well as on international inequality measured in income per head. We compare these effects in a world where trade is …

) can offshore routine tasks to a low-wage host country. The most productive firms self-select into offshoring, and the … impact on welfare in the source country can be positive or negative, depending on the share of firms engaged in offshoring … among entrepreneurs is higher with offshoring than in autarky. All results hold in a model extension with firm-level rent …

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the …

deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We …

faster task offshoring in sectors exposed to lower labour-market tightness. We discuss policy implications of these findings. …

workers against labor income risk, but the latter enhances welfare more if job destruction is the source of unemployment. When …This paper studies the welfare and policy implications of globalization when risk averse workers face the risk of … unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and …