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In this paper I illustrate how the diffusion across firms of a skill-neutral technology leads to a skill-biased impact on the economy. The model identifies (i) differences in inter-firm mobility between skill groups, (ii) productivity dispersion across firms within industries, and (iii)...
Persistent link: https://www.econbiz.de/10014134216
In the present paper, I integrate frictional labor markets with on-the-job search into an otherwise standard heterogeneous firm model of intra-industry trade. Most importantly, I show that the returns to workers' inter-firm mobility are higher in a trade equilibrium than in autarky. Intuitively,...
Persistent link: https://www.econbiz.de/10013004141
Persistent link: https://www.econbiz.de/10011751279