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The paper builds an argument that international trade can be one explanation behind polarization of employment in the … workforce. The effects off-shoring on wages and job composition are also studied. That of low-skill and high-skill tasks, not … ; hollowing out ; skill biased technical change ; terms of trade ; off-shoring …
Persistent link: https://www.econbiz.de/10009377329
The paper builds an argument that international trade can be an explanation behind polarization of employment in the … shares of high-skill as well as low-skill workers in the total workforce. The effects of off-shoring on wages and job … composition are also studied. Off-shoring of low-skill and high-skill tasks, not middle-skill tasks, is shown to contribute …
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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
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