BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Reinhard Selten Institute - ECPv5.3.1.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:Reinhard Selten Institute
X-ORIGINAL-URL:https://old.selten.institute
X-WR-CALDESC:Events for Reinhard Selten Institute
BEGIN:VTIMEZONE
TZID:Europe/Berlin
BEGIN:DAYLIGHT
TZOFFSETFROM:+0100
TZOFFSETTO:+0200
TZNAME:CEST
DTSTART:20190331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
DTSTART:20191027T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Berlin:20190507T140000
DTEND;TZID=Europe/Berlin:20190507T153000
DTSTAMP:20260908T035857
CREATED:20190424T095707Z
LAST-MODIFIED:20190424T100107Z
UID:7086-1557237600-1557243000@old.selten.institute
SUMMARY:ECONtribute – Seminar: Leonardo Baccini
DESCRIPTION:Trade Liberalization and Labor Market Institutions \nby \nLeonardo Baccini (McGill University)\,\nMattia Guidi (Scuola Normale Superiore)\,\nArlo Poletti (University of Trento) and\nAydin Yildirim (European University Institute). \nAbstract: \nWhile the distributional consequences of market liberalization at the firm level are well understood\, the previous literature has paid limited attention to how variations in domestic institutions across countries affect winners and losers from opening up to trade. We argue that the presence of institutions of coordinated wage bargaining\, which pose a ceiling to wage increases\, helps smaller firms weather the rising competition triggered by trade liberalization. We test this hypothesis using a firm-level dataset on European Union countries\, which includes more than 800\,000 manufacturing firms between 2003 and 2015. We find that\, for productive firms\, gains from trade are twice as large in countries with liberal wage bargaining (e.g. the United Kingdom) as they are in countries with coordinated wage bargaining (e.g. Germany). Moreover\, we show that trade liberalization triggers a differential demand for redistribution at the individual level across different labour markets.
URL:https://old.selten.institute/event/econtribute-seminar-leonardo-baccini/
LOCATION:Institut für Politikwissenschaft\, Gottfried-Keller-Str. 6\, Cologne\, 50931
CATEGORIES:UoC
END:VEVENT
END:VCALENDAR