Contributions to Economics

Firm Heterogeneity, Labor Markets and International Trade

Evidence from Danish Matched Employer-Employee Data

Editors: Bunzel, Henning, Christensen, Bent Jesper, Mortensen, Dale T. (Eds.)

  • Provides estimates of key economic distributions and flows, and relations among them, using unique
  • Danish register data on firm accounts, individual employees, and international trade  
  • Demonstrates empirical feasibility of the stochastic search and matching approach to unemployment, productivity and wage distributions, firm size, export markets, and growth  
  • Includes opening chapter by Dale T. Mortensen, who was awarded the Nobel Prize in Economic Sciences in 2010, placing the analysis in perspective and interpreting results  ​
see more benefits

Buy this book

eBook  
  • ISBN 978-3-642-37728-0
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
Hardcover ca. $179.00
price for USA
  • Due: January 10, 2018
  • ISBN 978-3-642-37727-3
  • Free shipping for individuals worldwide
About this book

The new macroeconomics is about distributions and flows, rather than points and intersections. Market frictions imply that the search for trading partners is time consuming and costly. Consequently, market participants flow between economic states, and trades occur at dispersed prices. This generates motives for continued search for better market opportunities, and for bargaining between potential trading partners. This volume takes the empirical analysis of markets with frictions to a new level by using unique merged registers from Denmark on firm accounting data, individual employee data, and international trade data to estimate empirically the relevant flow rates, dispersions, and relations among key variables of interest, including productivity, firm size, wages, exports, growth, and unemployment. The results serve to inform researchers and policy makers about the functioning of markets, justify the interpretation of dispersion and flows as equilibrium outcomes, and provide an understanding of cycles, adjustment, and potentials for public policy.

About the authors

Henning Bunzel is Associate Professor of Economics at Aarhus University, Denmark. He has also taught at Aalborg University. He received his degree in Economics from Aarhus University. Bent Jesper Christensen is Professor of Economics at Aarhus University, Denmark. He has also taught at Cornell University, Harvard University, and New York University. He received his Ph.D. in Economics from Cornell University. Dale T. Mortensen is Board of Trustees Professor and Professor of Economics at Northwestern University, and Professor of Economics at Aarhus University, Denmark. He has also taught at California Institute of Technology, Cornell University, Hebrew University, New York University, and University of Essex. He received his Ph.D. in Economics from Carnegie-Mellon University. He is a research associate of the National Bureau of Economic Research (NBER), a research fellow of the Institute for the Study of Labor (IZA), and a fellow of the Econometric Society, the American Academy of Arts and Sciences, the Society of Labor Economics, and the European Economic Association. He was awarded the IZA Labour Economics Prize in 2005 and the Society of Labor Economists’ (SOLE) Mincer Prize in 2007. In 2008 he was elected an American Economic Association Distinguished Fellow, and in 2010 he was awarded the Nobel Prize in Economic Sciences.

Buy this book

eBook  
  • ISBN 978-3-642-37728-0
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
Hardcover ca. $179.00
price for USA
  • Due: January 10, 2018
  • ISBN 978-3-642-37727-3
  • Free shipping for individuals worldwide

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Firm Heterogeneity, Labor Markets and International Trade
Book Subtitle
Evidence from Danish Matched Employer-Employee Data
Editors
  • Henning Bunzel
  • Bent Jesper Christensen
  • Dale T. Mortensen
Series Title
Contributions to Economics
Copyright
2018
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-37728-0
Hardcover ISBN
978-3-642-37727-3
Series ISSN
1431-1933
Edition Number
1
Number of Illustrations and Tables
80 b/w illustrations
Topics