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lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10010269047
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10005030877
lower structural rate of unemployment. We establish this fact using:(i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures …
Persistent link: https://www.econbiz.de/10009360638
global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry … margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data …
Persistent link: https://www.econbiz.de/10009529635
facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low … at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …
Persistent link: https://www.econbiz.de/10009409344
facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low …
Persistent link: https://www.econbiz.de/10013112207
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10013159504
. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …
Persistent link: https://www.econbiz.de/10014364693
, leading to the emergence of Embodied Human Capital Unemployment. We illustrate the relevance of this new concept of … unemployment to the U.S economy in the first decade of the 21st Century. This helps achieve a deeper understanding of the current …
Persistent link: https://www.econbiz.de/10009025275
sectoral employment, unemployment and wage i equality. OJS generates wage dispersion and it leads to a reallocation of workers … increase of unemployment. The dynamics of labor market variables is obtained in closed form. The model predicts overshooting at …
Persistent link: https://www.econbiz.de/10010789776