Showing 1 - 10 of 2,284
In the presence of increasing specialization of workers it becomes more and more difficult for firms to find the most suitable workers. In such an environment a multinational corporation has an advantage because it can exchange workers between plants in different countries. In this way it can...
Persistent link: https://www.econbiz.de/10004987459
features, we empirically confirm these relationships using spatial econometrics in a panel of 20 rich OECD countries.
Persistent link: https://www.econbiz.de/10011080412
The paper sets up a two-country asymmetric trade model with heterogeneous firms, search frictions and endogenous labor market institutions. Countries are linked by trade in goods and non-cooperatively set unemployment benefits to maximize national welfare. We show that more open and smaller...
Persistent link: https://www.econbiz.de/10010762273
How do changes in labor market institutions, like more generous unemployment benefits in one country, affect labor market outcomes in other countries? We set up a two-country Armingtonian trade model with frictions on the goods and labor markets. Contrary to the literature, higher labor market...
Persistent link: https://www.econbiz.de/10010897439
In the traditional model of international trade, labour market reforms in one country are often viewed as beggar-thy-neighbour policies, because they negatively affect the competitiveness and employment levels of the country’s trading partners. Empirical evidence, however, suggests that this...
Persistent link: https://www.econbiz.de/10010897440
In the traditional model of international trade, labour market reforms in one country are often viewed as beggar-thy-neighbour policies, because they negatively affect the competitiveness and employment levels of the country’s trading partners. Empirical evidence, however, suggests that this...
Persistent link: https://www.econbiz.de/10010848840
Persistent link: https://www.econbiz.de/10010030811
Why are empirically observed tariffs so much lower than theoretically calculated Nash-equilibrium tariffs? We argue that this gap can be narrowed by using a dynamic model instead of a static model. This approach has two advantages. (i) It allows us to take account of the transitional process...
Persistent link: https://www.econbiz.de/10009002556
When the world economy was recently hit by a severe recession, governments all over the world reacted by initiating stimulus packages. Some countries (among them, most notably, China and the US) tried to put special emphasis on their home industries by including `Buy National' clauses into the...
Persistent link: https://www.econbiz.de/10009201021
Persistent link: https://www.econbiz.de/10010626597