Showing 1 - 10 of 9,039
impact of technical change on relative wages and unemployment in a world in which one country has flexible and the other …
Persistent link: https://www.econbiz.de/10013226172
relevant case, starting from low levels, an increase in offshoring opportunities triggers a transition with falling real wages … of unskilled labor because offshoring closes the gap between unskilled wages in the West and the East, thus limiting the … Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced …
Persistent link: https://www.econbiz.de/10013096853
How does the formation of cross-country teams affect the organization of work and the structure of wages? To study this … question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents … globalization. Globalization leads to better matches for all southern workers but only for the best northern workers. As a result …
Persistent link: https://www.econbiz.de/10013323444
and how these responses, in turn, are transmitted to the labor market. In previous work, we have argued that outsourcing … input purchases from the Census of Manufactures. We construct industry-by-industry estimates of outsourcing for the period … 1972-1990 and reexamine whether outsourcing has contributed to an increase in relative demand for skilled labor. Our main …
Persistent link: https://www.econbiz.de/10013230978
same, not oppo- site effect on wages at both skill levels; a rise in the foreign share in world innovation or US patents … decreases US wages; an increase in the US share in world innovation or US patents raises US wages, especially for the less … skilled; and the stock of world innovation and US patents decreases real wages especially for the less skilled. Turning to the …
Persistent link: https://www.econbiz.de/10013237013
This paper examines the relationship between technological change and wages using pooled cross-sectional industry … with a high rate of technical change pay higher wages to workers of given age and education, compared to less … learning, that learning is a function of employee ability and effort, and that increases in wages are required to elicit …
Persistent link: https://www.econbiz.de/10013134931
, international competition, and factor supplies. Our empirical model estimates the general equilibrium relationship between wages and … technology, prices, and factor supplies. The model is based on the neoclassical theory of production, and is implemented by …
Persistent link: https://www.econbiz.de/10013249551
This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated … inequality among these groups but it could have contributed to the decline in wages for the least educated. Instead, support is …
Persistent link: https://www.econbiz.de/10012763662
This paper examines whether the sector bias of skill-biased technical change (sbtc) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of sbtc that determines sbtc's...
Persistent link: https://www.econbiz.de/10013311868
We study the effect of globalization on the volatility of wages and worker welfare in a model in which risk is … trade hurts rich-country workers, while reducing the volatility of their wages; by contrast, offshoring benefits them, while … raising the volatility of their wages. We thus formalize, but also sharply circumscribe, a common critique of globalization …
Persistent link: https://www.econbiz.de/10013152563