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In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices … results in many cases. In this paper we analyse a general equilibrium framework with CES production and CES demand functions …, which allows for any discrete number of sectors and countries integrated via trade flows. Technologies are country- and …
Persistent link: https://www.econbiz.de/10011347057
In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices … results in many cases. In this paper we analyse a general equilibrium framework with CES production and CES demand functions …, which allows for any discrete number of sectors and countries integrated via trade flows. Technologies are country- and …
Persistent link: https://www.econbiz.de/10005558195
In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices … many cases. In this paper we analyse a general equilibrium framework with CES production and CES demand functions, which … allows for any discrete number of sectors and countries integrated via trade flows. Technologies are country- and sector …
Persistent link: https://www.econbiz.de/10012099864
In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices … many cases. In this paper we analyse a general equilibrium framework with CES production and CES demand functions, which … allows for any discrete number of sectors and countries integrated via trade flows. Technologies are country- and sector …
Persistent link: https://www.econbiz.de/10005129444
Persistent link: https://www.econbiz.de/10003819822
In this paper we test the hypothesis that the sector bias of skill-biased technical change is important in explaining … the rising relative wage of skilled workers in the manufacturing sector in three Central and Eastern European transition … countries. The evidence for Hungary and Poland is consistent with the sector bias being important in explaining the rising wage …
Persistent link: https://www.econbiz.de/10012099872
In this paper we test the hypothesis that the sector bias of skill-biased technical change is important in explaining … the rising relative wage of skilled workers in the manufacturing sector in three Central and Eastern European transition … countries. The evidence for Hungary and Poland is consistent with the sector bias being important in explaining the rising wage …
Persistent link: https://www.econbiz.de/10005321919
, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality … into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in …
Persistent link: https://www.econbiz.de/10010292022
trade surges in low wage products and technological change. It argues that if the observed wage inequality response to price …This paper focuses on the decomposition of increased wage inequality in OECD countries into the component factors of … and technology shocks represents a short run response in which factors and output have not adjusted fully across …
Persistent link: https://www.econbiz.de/10005022094
factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …, particularly regarding the skill acquisition decision and potential labour market mismatch issues. …
Persistent link: https://www.econbiz.de/10010286256