TY  - RPRT
        AU  - Braakmann, Nils
AU  - Wagner, Joachim
        TI  - Labor Market Adjustments after a Large Import Shock: Evidence from the German Clothing Industry and the Multi-Fibre Arrangement
        PY  - 2009/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4633
        UR  - https://www.iza.org/publications/dp4633
        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  - clothing industry
KW  - adjustment
KW  - import shock
KW  - Germany
        ER  -