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In this paper we examine the possible distributional impacts of new trade barriers associated with the new Trade and Cooperation Agreement governing relations between the UK and EU after Brexit. We use a model of labour demand that incorporates input-output links across industries, and that...
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The UK and the US have experienced both rising skill premia and rising employment of skilled workers since the 1980s. These trends are typically interpreted as concurrent shifts of relative skill supplies and demands, and the demand shifts are attributed to skill-biased technological change or...
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focus primarily on factor prices. We first consider the economic theory of the impact of immigration on factor prices and …
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workforce composition. We then consider the economic theory of the impact of immigration on income distribution, emphasizing …
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