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Using data from the first eleven waves of the German Socio-Economic Panel this study investigates the dynamic effects of health shocks on employment and economic well-being of older workers. A health shock trebles the probability of leaving the labor force and almost doubles the unemployment...
Persistent link: https://www.econbiz.de/10005703254
This paper aims to shed light on the role of the ’ideology’ of political parties in shaping the evolution of the welfare state in 18 developed democracies, by providing empirical findings on the determinants of social programs entitlements and social spending over the period 1981-1999. The...
Persistent link: https://www.econbiz.de/10005703265
Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among … these flows. The main findings of the paper can be summarized as follows. First, at least in the nineties, import trade … liberalization fostered not only trade but also inward investment, confirming that trade and FDI toward developing countries have …
Persistent link: https://www.econbiz.de/10005822046
This paper investigates empirically the link between international outsourcing and the skill structure of labour demand in the United Kingdom. It is the first detailed study of this issue for the UK. Outsourcing is calculated using import-use matrices of input-output tables for manufacturing...
Persistent link: https://www.econbiz.de/10005822380
Our paper investigates the link between outsourcing and wages utilising a large household panel and combining it with industry level information on industries’ outsourcing activities from input-output tables. By doing so we can arguably overcome the potential endogeneity bias as well as other...
Persistent link: https://www.econbiz.de/10005822438
In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI … employment creation nor the decrease in within-country inequality are automatically assured by increasing trade and FDI. The …, giving raise to concentration and marginalisation phenomena; 2) increasing trade and FDI do not emerge as the main culprits …
Persistent link: https://www.econbiz.de/10005822450
This paper examines the interactive effect of distance and trade on international conflict and cooperation. The effect … of geographic distance depends on trade, while the effect of trade varies with geographic distance. Trade reduces …
Persistent link: https://www.econbiz.de/10005822632
migrants and natives under both migration and trade. We use a general equilibrium model of migration, human capital and social … natives. Trade and both migration solutions reduce inequality between the populations of the two countries by the same amount …. In addition, trade and migration are not equivalent if social capital is present: the highest welfare is obtained with …
Persistent link: https://www.econbiz.de/10005822670
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness are … interrelated i.e. bidirectional causality. Feedback hypothesis is validated between trade openness and financial development …
Persistent link: https://www.econbiz.de/10011195814
Two large but separate bodies of literature analyze the economic effects of international trade and immigration. Given … that several factors are important determinants of both trade and migration flows, the previous studies are vulnerable to a … potentially serious omitted-variables bias, questioning the validity of existing estimates of the effects of trade and immigration …
Persistent link: https://www.econbiz.de/10008922963