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Changes in the relative wages of workers with different amounts of education have profound implications for developing countries, where initial levels of inequality are often very high. In this paper we use micro data for five Latin American countries over the 1980s and 1990s to document trends...
Persistent link: https://www.econbiz.de/10009440375
Immigration to the UK has risen in the past 10 years and has had a measurable effect on the supply of different types of labour. But, existing studies of the impact of immigration on the wages of native-born workers in the UK (e.g. Dustmann, Fabbri and Preston, 2005) have failed to find any...
Persistent link: https://www.econbiz.de/10009439661
It is common to hear the argument that poor labour market performance in OECD countries in recent years is the result of shifts in relative demand against less-skilled workers. But, there is much dispute about whether these trends have been occurring and, if they have, how important they are in...
Persistent link: https://www.econbiz.de/10009440115
According to Paul Krugman, “the European unemployment problem and the US inequality problem are two sides of the same coin”. In other words, both continents have had the same shift in demand towards skill; in the US relative wages have adjusted and in Europe not. The implication of this...
Persistent link: https://www.econbiz.de/10009440183