sharing, which results in aggregate unemployment. In this extended model, offshoring furthermore has non-monotonic effects on … unemployment and intra-group inequality among workers. The paper also offers a calibration exercise to quantify the effects of …

sharing, which results in aggregate unemployment. In this extended model, offshoring furthermore has non-monotonic effects on … unemployment and intra-group inequality among workers. The paper also offers a calibration exercise to quantify the effects of …

the wages for skilled and unskilled workers, leading to involuntary unemployment of unskilled workers in equilibrium … by lower wage differentials as well as higher unemployment. Allowing for endogenous skill formation in both countries …