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We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10003771050
This paper analyses the wage demands of a sector-level monopoly union facing internationally mobile firms. A simple two-country economic geography model is used to describe how firms relocate in function of international differences in production costs and market size. The union sets wages in...
Persistent link: https://www.econbiz.de/10014196299
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10014215086
Over the last two decades the share of national income which accrues to labor has followed a marked downward trend across a host of industrialized countries. This paper reassesses the relative importance of several potential causes of this phenomenon. Overall, the findings suggest that lower...
Persistent link: https://www.econbiz.de/10013121586
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There exist marked differences in the educational attainment of immigrants, depending on both the level and distribution of income in the country of origin and destination. This paper estimates an education-specific gravity equation for migration between European countries. Given the lack of...
Persistent link: https://www.econbiz.de/10015290355
This report presents the current version of the European Commission's spatial computable general equilibrium model RHOMOLO, developed by the Directorate-General Joint Research Centre (DG JRC) in collaboration with the Directorate-General for Regional and Urban Policy (DG REGIO) to undertake the...
Persistent link: https://www.econbiz.de/10015292694