The paper constructs a picture of globalisation from workers’ perspective in a newlyindustrialising area in India. It brings together the insights of the spatial approach, whichfacilitates an integrated study that links various levels at which global capitalism operates,with an attention to...

Much recent research has focused on the development and analysis of extensions of the New Keynesianframework that model labor market frictions and unemployment explicitly. The present paper describessome of the essential ingredients and properties of those models, and their implications for...

Beginning with the important work of Murphyand Welch (1992), a great deal of recentresearch has attempted to document andexplain the dramatic changes in the wage distributionthat occurred during the 1980s (see also Katz andMurphy 1992). Practically every income group faced adecline in real wages...

[...]This paper is an interim report on continuingwork that we began in 1988. Our earlier research on thecauses of wage structure changes in the 1980s (Bound andJohnson 1992) showed that part of explanation A (theslowdown in the growth rate of that fraction of the workforce with high levels of...

Wage inequality for males in theUnited States increased dramaticallyduring the 1980s. Between 1979 and1990, the weekly earnings of collegegraduates increased by 2 percent while the real weeklyearnings of high school graduates decreased by more than16 percent. As a result, the wage premium for...

[...]I will describe the dilemma by first reviewing thecontext of stagnant wages and living standards. I will thensummarize some of the trends—political and demographic—that economic angst has accelerated. Finally, I will examine the future path of the education/earningsgap in the short run,...

My assignment for this conference on U.S.wage trends was, as an outsider, to drawthe macroeconomic implications of wideningwage inequality. I shall do so in six points.[...]

The papers presented in this conference highlightthree concerns with current labor marketoutcomes in the United States—stagnant or declining real wages, stagnantproductivity growth, and a widening gap in the wages ofskilled and unskilled workers. Several recent examinations(for example, Brauer...