TY - UNPB

T1 - Labor market adjustments after a large import shock

T2 - evidence from the German clothing industry and the Multi-Fibre Arrangement

AU - Braakmann, Nils

AU - Wagner, Joachim

N1 - Parallel als Online-Ausg. erschienen unter der Adresse http://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ifvwl/WorkingPapers/wp_155_Upload.pdf. - Literaturverz. S. 17 - 19

PY - 2009

Y1 - 2009

N2 - This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level using difference-in-differences. Our results suggest relatively small increases in unemployment risk and no wage effects on the individual level, despite a 30% increase in plant mortality. Part of the different effects found for plants and individuals can be attributed to the reallocation of workers into other industries and occupations.

AB - This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level using difference-in-differences. Our results suggest relatively small increases in unemployment risk and no wage effects on the individual level, despite a 30% increase in plant mortality. Part of the different effects found for plants and individuals can be attributed to the reallocation of workers into other industries and occupations.

KW - Economics

M3 - Working papers

T3 - Working paper series in economics

BT - Labor market adjustments after a large import shock

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -