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dc.contributor.authorMacis, Marioen_US
dc.contributor.authorSchivardi, Fabianoen_US
dc.date.accessioned2012-05-21en_US
dc.date.accessioned2012-06-15T07:55:23Z-
dc.date.available2012-06-15T07:55:23Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:101:1-201208065487-
dc.identifier.urihttp://hdl.handle.net/10419/58816-
dc.description.abstractWe use linked employer-employee data from Italy to explore the relationship between exports and wages. Our empirical strategy exploits the 1992 devaluation of the Italian Lira, which represented a large and unforeseen shock to Italian firms' incentives to export. The results indicate that the export wage premium is due to exporting firms both (1) paying a wage premium above what their workers would earn in the outside labor market - the rent-sharing effect, and (2) employing workers whose skills command a higher price after the devaluation - the skill composition effect. The latter effect only emerges once we allow for the value of individual skills to differ in the pre- and post-devaluation periods. In fact, using a fixed measure of skills, as typically done in the literature, we would attribute the wage increase only to rent sharing. We also document that the export wage premium is larger for workers with more export-related experience. This indicates that the devaluation increased the demand for skills more useful for exporting, driving their relative price up.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6466en_US
dc.subject.jelF16en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordexport wage premiumen_US
dc.subject.keywordlinked employer employee dataen_US
dc.subject.stwLohnstrukturen_US
dc.subject.stwExporten_US
dc.subject.stwQualifikationen_US
dc.subject.stwAbwertungen_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwItalienen_US
dc.titleExports and wages: Rent sharing, workforce composition or returns to skills?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn715929623en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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