Showing 1 - 10 of 793,528
-monotonic adjustment: Early stages of offshoring always lead to higher unemployment, while later stages may entail net job creation. We …The policy debate views offshoring as job destruction. Theoretical models of offshoring mostly assume full employment …. We develop a model of task trade that allows for equilibrium unemployment. In this model, there are two margins of …
Persistent link: https://www.econbiz.de/10010305871
frictional labor market with equilibrium unemployment due to costly matching, we demonstrate that under these same conditions …We revisit Grossman and Rossi-Hansberg's (2008) famous result, that under certain conditions offshoring of low … Rybczynski-type reallocation of factors to absorb offshoring-induced job displacement is ruled out. We allow for simultaneous …
Persistent link: https://www.econbiz.de/10012034615
improvements in the technology of offshoring. -- offshoring ; trade in tasks ; unemployment ; search and matching …We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … of offshoring emphasized by Grossman & Rossi-Hansberg (2008) emerges as a vehicle of job creation. Improvements in the …
Persistent link: https://www.econbiz.de/10003965854
-monotonic adjustment: Early stages of offshoring always lead to higher unemployment, while later stages may entail net job creation. We … highlight this potential through numerical simulations. -- Offshoring ; Trade in Tasks ; Unemployment ; Non-monotonicity …The policy debate views offshoring as job destruction. Theoretical models of offshoring mostly assume full employment …
Persistent link: https://www.econbiz.de/10009229069
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … of offshoring emphasized by Grossman & Rossi-Hansberg (2008) emerges as a vehicle of job creation. Improvements in the … technology of offshoring causes job losses at the extensive margin where ever more tasks are performed abroad, but it also causes …
Persistent link: https://www.econbiz.de/10013144365
Offshoring has gained a significant momentum in recent years. Firm size appears to be the leading factor … differentiating firms that offshore from those that do not. We present a model that blends offshoring, or trade in tasks, with a … firm heterogeneity offers new tools for analyzing the effects of offshoring on the employment dynamics within an individual …
Persistent link: https://www.econbiz.de/10010316816
frictional labor market with equilibrium unemployment due to costly matching, we demonstrate that under these same conditions …We revisit Grossman and Rossi-Hansberg's (2008) famous result, that under certain conditions offshoring of low … Rybczynski-type reallocation of factors to absorb offshoring-induced job displacement is ruled out. We allow for simultaneous …
Persistent link: https://www.econbiz.de/10012035525
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … of offshoring emphasized by Grossman & Rossi-Hansberg (2008) emerges as a vehicle of job creation. Improvements in the … technology of offshoring causes job losses at the extensive margin where ever more tasks are performed abroad, but it also causes …
Persistent link: https://www.econbiz.de/10008572542
offshoring on the labor market can substantially deviate from standard neoclassical conclusions when search frictions hinder … efficient assortative matching between firms with heterogeneous tasks and workers with heterogeneous skills. Our key hypothesis … exploiting offshoring. It implies that automation (offshoring) may reduce (raise) employment by lengthening (shortening …
Persistent link: https://www.econbiz.de/10012222391
unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non-offshoring … sector with the lower (or equal) vacancy costs, there is an unambiguous decrease in economywide unemployment. With imperfect …
Persistent link: https://www.econbiz.de/10010269045