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to contracting firms. For this end we develop a new method for identifying outsourcing of food, cleaning, security and … growth of domestic outsourcing in Germany since the early 1990s. Event-study analyses show that wages in outsourced jobs fall … associated with outsourcing stem from a loss of firm-specific rents, suggesting that labor cost savings are an important reason …
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Inequality is on the rise: gains have been concentrated with a small elite, while most have seen their fortunes stagnate or fall. Despite what scholars and journalists consider a worrying trend, there is no evidence of growing popular concern about inequality. In fact, research suggests that...
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This paper examines the effects of outsourcing on employment and unemployment and income distribution in an economy … engages in outsourcing and consequently experiences widespread unemployment. The main findings of this paper are as follows …: (i) If the outsourced factor is not produced domestically, outsourcing increases the rural wage rate (and the expected …
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