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Trade liberalization and wage inequality : new insights from a dynamic trade model with heterogeneous firms and comparative advantage

Lechthaler, Wolfgang; Mileva, Mariya - 2015

We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the...

Persistent link: https://www.econbiz.de/10011374067

Trade liberalization and wage inequality : new insights from a dynamic trade model with heterogeneous firms and comparative advantage

Lechthaler, Wolfgang; Mileva, Mariya - 2013 - This version July 2014

Persistent link: https://www.econbiz.de/10011452459

Two-country dynamic model of trade with heterogeneous firms and comparative advantage

Lechthaler, Wolfgang; Mileva, Mariya - 2013

We develop a dynamic trade model with comparative advantage, heterogeneous firms and workers and endogenous firm entry to study wage inequality during the adjustment to trade liberalization. We find that trade liberalization increases wage inequality both in the short run and in the long run. In...

Persistent link: https://www.econbiz.de/10010430072

Comparative advantage and skill-specific unemployment

Larch, Mario; Lechthaler, Wolfgang - 2009

We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the...

Persistent link: https://www.econbiz.de/10003872019

Trade liberalization and wage inequality : new insights from a dynamic trade model with heterogeneous firms and comparative advantage

Lechthaler, Wolfgang; Mileva, Mariya - 2013

Persistent link: https://www.econbiz.de/10010226867

Comparative advantage and skill-specific unemployment

Larch, Mario; Lechthaler, Wolfgang - 2009

Persistent link: https://www.econbiz.de/10003872799

Comparative Advantage and Skill-Specific Unemployment

Larch, Mario; Lechthaler, Wolfgang - 2021

Persistent link: https://www.econbiz.de/10013316328

The Evolution of Ownership Disclosure Rules Across Countries

Schouten, Michael C.; Siems, Mathias - 2011

Over recent years, a number of regulators have launched proposals to expand the obligation to disclose major share ownership in listed companies. This paper shows that these are not stand-alone developments. Using a unique dataset comprising data from 25 countries over 11 years (1995-2005) and...

Persistent link: https://www.econbiz.de/10014206332

Shareholder Protection Around the World ('Leximetric II')

Siems, Mathias - 2014

This article analyzes how shareholder protection has developed in 20 countries from 1995 to 2005. In contrast to … its results are that in most countries shareholder protection has improved in the last years; that developed countries … perform better than developing countries in protecting shareholders; that shareholder protection in common law countries is …

Persistent link: https://www.econbiz.de/10012709419

The Foundations of Securities Law

Siems, Mathias - 2009

How does the law address topics such as the sale and trade of securities and the regulation of stock exchanges and investment firms? Given the growing importance of capital markets, securities law is highly relevant, but unfortunately also quite complicated. This complexity is also reflected in...

Persistent link: https://www.econbiz.de/10012720912

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