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the U.S. is accounted for by industry effects. These industry effects stem from rising inter-industry earnings … differentials and not from changing distribution of employment across industries. We also find the rising inter-industry earnings … components of the recent literature: one focuses on firm effects and the other on occupation effects. The link via industry …
Persistent link: https://www.econbiz.de/10012840455
We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark-ups and input costs. We find that each of these market fundamentals are important in explaining plant exit. We then use variation across sectors in tariff changes after the...
Persistent link: https://www.econbiz.de/10013158514
This paper studies the impact of outsourcing on individual wages. In contrast to the standard approach in the literature, we focus on domestic outsourcing as well as foreign outsourcing. By using a simple theoretical model, we argue that, if outsourcing is associated with specialization gains...
Persistent link: https://www.econbiz.de/10013318053
This paper studies the link between a firm's education level, export performance and wages of its workers. We argue that firms may escape intense competition in international markets by using high skilled workers to differentiate their products. This story is consistent with our empirical...
Persistent link: https://www.econbiz.de/10013317351