knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zoneʺ where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … their bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than … always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …

analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … raises growth of technology, labor productivity and real wages. I show, however, that a slowdown in productivity and … stagnation of real wages can in this setting constitute two sides of the same coin as a result of the shift in employment: In the …