, we cannot get more than two wages. We explore several other models, including one combining ex ante and ex post …

Increased globalization - the international integration of markets forgoods, technology, labor, and capital - has … developing countries been responsible for thelowered wages of the unskilled, increased unemployment, and widenedincome inequality …

-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are … posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …

differing roles of imitation and innovation in human capital accumulation. The country initially concentrates on imitation of … foreign knowledge; subsequently, as it approaches the knowledge frontier, innovation plays a greater role. Late developers …

Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development … focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and …