International Com, Petition, Returns to Skill and Labor Market Adjustment PDF Download
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Author: Rod Falvay
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Rod Falvay
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Rod Falvey
Publisher:
ISBN:
Category :
Languages : en
Pages : 30
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Does increased import competition lead to higher returns to skill within an industry and, therefore, to greater incentives for skill acquisition? Does it also induce skill upgrading by the industry's existing workforce? To answer these questions, this paper follows individual workers across skills/occupations, firms, and industries using a longitudinal matched employer-employee data set covering all workers and firms in Portugal over 1986-2000. To identify the effects of international competition the analysis uses two exogenous measures of changes in international competition at the industry level. The first is a quasi-natural experiment based on the strong appreciation of the Portuguese currency during 1989-1992 and preexisting differences in trade exposure across industries in a differences-in-differences estimation. The second is source-weighted real exchange rates defined at the industry level. Based on both empirical strategies, and two definitions of skill, the paper shows that international competition increases returns to skill and induces skill/occupation upgrading within industries.
Author:
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Category :
Languages : en
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Author: Rod Falvey
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Does increased import competition lead to higher returns to skill within an industry and, therefore, to greater incentives for skill acquisition? Does it also induce skill upgrading by the industry's existing workforce? To answer these questions, we follow individual workers across skills/occupations, firms and industries using a longitudinal matched employer-employee data set covering virtually all workers and firms in Portugal over the 1986-2000 period. To identify the effects of international competition, we use two exogenous measures at the industry level. First, a quasi-natural experiment based on the strong appreciation of the Portuguese currency in 1989-92 period and pre-existing differences in trade exposure across industries in a differences-in-differences estimation. Second, source-weighted real exchange rates defined at the industry level. Based on both empirical strategies, and on two different skill definitions, we show that international competition increases returns to skill and induces skill/occupation upgrading within an industry.
Author: Claire H. Hollweg
Publisher: World Bank Publications
ISBN: 1464802637
Category : Business & Economics
Languages : en
Pages : 123
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This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.
Author: Committee for Economic Development. Research and Policy Committee
Publisher:
ISBN: 9780871860835
Category : Business & Economics
Languages : en
Pages : 90
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The net effect on employment of structural changes now occurring in the United States will be determined by the actions that government, management, and labor take to create and support the conditions for new opportunity and to encourage people to move from old to new work. Many of the measures that need to be taken to ensure profitability involve changes in the type of work done and the number of people employed. Labor adjustment policies have to be factored into any decision taken by management to improve competitive position. The six crucial elements around which adjustment policies in the private sector should be structured are: (1) communication between management and labor regarding competitive realities, steps needed to improve market position, and rewards employees can expect; (2) employee involvement at the work level in the design and implementation of productivity improvements; (3) flexible total compensation that links wages and benefits to profitability; (4) advance notification to employees, unions, and the community of decisions affecting jobs; (5) reorientation of employee benefits so that employees moving between firms do not lose them; and (6) support programs that allow workers to shift to new opportunities. The critical elements around which public sector adjustment policies should be structured are incentives to reemployment, coordination of public and private resources, commitment to job training programs, promotion of economic development strategies, and educational reform to emphasize the skills and attitudes needed to prepare students for higher-skilled, technology-based jobs. (The document contains 164 references.) (CML)
Author: Margaret S. Gordon
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 248
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Author: João Paulo Pessoa
Publisher:
ISBN:
Category :
Languages : en
Pages : 77
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Author: Edward Alden
Publisher: Rowman & Littlefield
ISBN: 1538109093
Category : Political Science
Languages : en
Pages : 269
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Book Description
*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.
Author: Susan Horton
Publisher: World Bank Publications
ISBN: 9780821326817
Category : Labor market
Languages : en
Pages : 584
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