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Industry-Level Labour Demand Elasticities Across the Eurozone: Will There Be Any Gain After the Pain of Internal Devaluation?

Adam, Antonis; Moutos, Thomas - CESifo - 2014

In this paper we estimate disaggregated labour demand equations using panel data involving observations across time … data across countries, we provide industry-by-industry estimates of the labour demand function. The values of our estimated … (own-price) elasticities of labour demand are substantial, and in accordance with the findings of the empirical literature …

Persistent link: https://www.econbiz.de/10010790173

International Trade and Unemployment: A Quantitative Framework

Heid, Benedikt; Larch, Mario - CESifo - 2012

Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...

Persistent link: https://www.econbiz.de/10010877646

Firm Dynamics and Residual Inequality in Open Economies

Felbermayr, Gabriel J.; Impullitti, Giammario; Prat, Julien - CESifo - 2014

Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....

Persistent link: https://www.econbiz.de/10010877715

Labor Reallocation in Response to Trade Reform

Filho, Naércio Aquino Menezes; Muendler, Marc-Andreas - CESifo - 2007

Tracking individual workers across employers and industries after Brazil's trade liberalization in the 1990s shows that foreign import penetration and tariff reductions trigger worker displacements but that neither comparative-advantage industries nor exporters absorb displaced workers for...

Persistent link: https://www.econbiz.de/10005094453

Trade Unions Go Global!

Donado, Alejandro; Wälde, Klaus - CESifo - 2008

labour supply. A laissez-faire approach leaving safety of workplaces unknown is suboptimal. Safety standards set by better …

Persistent link: https://www.econbiz.de/10005765941

Incomplete Specialization and Offshoring across Europe

Frensch, Richard; Hanousek, Jan; Kocenda, Evžen - CESifo - 2012

Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc measures of supply-side country differences. This paper...

Persistent link: https://www.econbiz.de/10010548148

Capacity Constraining Labor Market Frictions in a Global Economy

Holzner, Christian; Larch, Mario - CESifo - 2011

Convex vacancy creation costs shape firms’ responses to trade liberalization. They induce capacity constraints by increasing firms’ cost of production, leading a profit maximizing firm not to fully meet the increased foreign demand. Hence, firms will only serve a few export markets. More...

Persistent link: https://www.econbiz.de/10009320777

Unemployment in an Interdependent World

Felbermayr, Gabriel J.; Larch, Mario; Lechthaler, Wolfgang - CESifo - 2009

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...

Persistent link: https://www.econbiz.de/10008583684

Distance, Globalization, and International Trade

Borchert, Ingo - 2017

For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...

Persistent link: https://www.econbiz.de/10012963770

Per Capita Income and the Demand for Skills

Caron, Justin - 2017

Almost all of the literature about the growth of income inequality and the relationship between skilled and unskilled wages approaches the issue from the production side of general equilibrium (skill-biased technical change, international trade). Here, we add a role for income-dependent demand...

Persistent link: https://www.econbiz.de/10012952408