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http://hdl.handle.net/10419/36050
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| Title: | | Labor market adjustments after a large import shock: evidence from the German clothing industry and the multi-fibre arrangement  |
| Authors: | | Braakmann, Nils Wagner, Joachim |
| Issue Date: | | 2009 |
| Series/Report no.: | | IZA Discussion Papers 4633 |
| Abstract: | | 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. |
| Subjects: | | Import shock adjustment clothing industry Germany |
| JEL: | | F13 F14 F16 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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