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The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...
Persistent link: https://www.econbiz.de/10012745407
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10013044598
This paper contributes to our understanding of the impact of institutions on incomes of workers in developing countries by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the distribution of earnings. More specifically, we analyze whether...
Persistent link: https://www.econbiz.de/10013319249
of workers located around the world, is discussed. A global wage equation that nests the Mincer specification is …
Persistent link: https://www.econbiz.de/10008658507
of workers located around the world, is discussed. A global wage equation that nests the Mincer specification is …
Persistent link: https://www.econbiz.de/10014198824
We analyze wage dispersion within and across establishments in Korea between 2007 and 2013. We find that foreign owned establishments and those operating in global markets have higher within establishment wage dispersion. The effect is over and above the establishment size effect. Furthermore,...
Persistent link: https://www.econbiz.de/10012929699
whether the progressing globalisation of the world economy is to blame for these two trends. From this analysis, two important …
Persistent link: https://www.econbiz.de/10011474119
Wage inequality in Argentina has substantially changed in the last decade. During this period there were also significant changes in the macroeconomic and trade policy. This paper studies the impact of the international trade changes on the wage structure of Argentina between 1998 and 2006....
Persistent link: https://www.econbiz.de/10013008828
Persistent link: https://www.econbiz.de/10013261141
This paper studies the impact of globalisation on wage inequality in eight now-developed countries during the century prior to 1970, using the same dependent variable and methodology as research on the impact of globalisation since 1970. The results suggest that the impact of globalisation was...
Persistent link: https://www.econbiz.de/10014197696