Trade and Wages: Choosing Among Alternative Explanations

The decline in unskilled workers’ real wagesduring the 1980s in the United States andthe increase in their unemployment inEurope (due to the comparative inflexibilityof European labor markets vis-à-vis those in the UnitedStates)1 have prompted a search for possible explanations.This search has become more acute with the evidence thatthe adverse trend for the unskilled has not been mitigatedduring the 1990s to date.[...]

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Year of publication:	1995
Authors:	Bhagwati, Jagdish N.
Institutions:	University of British Columbia <Vancouver, British Columbia> / Department of Economics
Published in:	London School of Economics and Political Science - Publications FRBNY ECONOMIC POLICY REVIEW / JANUARY 1995, 42-47
Subject:	Handel \| trade \| Gehalt \| wage \| Weltmarkt \| Arbeitslosigkeit \| unemployment \| Konjunkturabschwung \| decline

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Extent:	37888 bytes 6 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	Pay salaries and social benefits ; Ergonomic job analysis ; Individual Articles ; USA
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005870363