The Impact of Service and Goods Offshoring on Employment: Firm-Level Evidence
Ilke Van Beveren,
Stijn Vanormelingen and
Carmine Ornaghi | 29 May 2017
Trade,
Working Papers | Tags:
Employment,
Services Trade Advances in communication technology have led to a remarkable increase in the tradability of services, resulting in a substantial increase in offshoring of services over the last two decades. Research investigating how this surge in service offshoring affects employment, has been largely hampered by the
... continue reading
Intellectual Property Boxes and the Paradox of Price Discrimination
Ben Klemens | 15 May 2017
Fiscal,
Working Papers | Tags:
Corporate Taxes,
Innovation,
Patent Boxes,
Tax Competition,
Tax Expenditures This paper considers the methods by which some existing laws and proposals offer different tax rates to different types of capital, a scheme variously known as a patent box, innovation box, or intellectual property box (IP box). It presents a model of international tax competition—what
... continue reading
The Effects of Exporting on Labour Productivity: Evidence from German Firms
Johannes Schwarzer | 24 March 2017
Trade,
Working Papers | Tags:
Employment,
Productivity,
Services Trade We revisit the "self-selection vs. learning-by-exporting (LBE)" debate with new evidence on a large panel of German firms of all economic sectors up to the 3-digit NACE level, between 1993-2014, and shed new light on the channels that foster export-induced productivity gains.
... continue reading
Impact of Linking into Global Value Chains on Indian Employment
Karishma Banga | 11 January 2017
Trade,
Working Papers | Tags:
Employment,
Global Value Chains,
Services Trade This study examines the industry-level impact of linking into GVCs for the Indian labour market, spanning the period 1995-2011. The analysis includes manufacturing, services, agriculture and allied activities.
... continue reading
Monetary Policy According to HANK
Greg Kaplan,
Benjamin Moll and
Giovanni L. Violante | 10 March 2016
Monetary,
Working Papers | Tags:
Inequality,
Interest Rates We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity
... continue reading