We analyze the effect of low-skill workers offshoring on the welfare of the economy. In the context of a matching model … unemployment benefits to compensate for the negative welfare effects of offshoring, it would only take a small reduction in the … with different possible equilibria, we discuss two policies that could potentially outweigh the negative welfare effects of …

We analyze the effects of low-skill workers offshoring on the welfare of the economy. In the context of a matching … unemployment benefits but only a small reduction in the vacancy cost to compensate for the negative welfare effects of offshoring … model with different possible equilibria, we discuss two policies that could potentially outweigh the negative welfare …

We analyze the effect of low-skill workers offshoring on the welfare of the economy. In the context of a matching model … unemployment benefits to compensate for the negative welfare effects of offshoring, it would only take a small reduction in the … with different possible equilibria, we discuss two policies that could potentially outweigh the negative welfare effects of …

This paper studies the welfare and policy implications of globalization when risk averse workers face the risk of … welfare of workers but could reduce social welfare as well. Both unemployment benefits and severance payments can protect … workers against labor income risk, but the latter enhances welfare more if job destruction is the source of unemployment. When …

-deteriorating effects of offshoring. As a result, we aim at restoring welfare by increasing the opportunity cost of staying low-skill. In …We discuss the effects of low-skill offshoring on the endogenous schooling decision of workers along with the potential …. Our exercise suggests that the endogenous adjustment of low-skill workers can only partially offset the welfare …

Most Continental European labour markets and welfare states underwent a substantial transformation over the last two …