type="main" xml:id="ecin12108-abs-0001" There is now ample evidence that jobs and wages have been polarizing at the extremes of the skill distribution since the early 1990s. Possible explanations include, among others, routinization-biased technical change (technical progress substituting more...

Bringing together insights and perspectives from close to 70 of the world’s leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the...

We adapt Yeaple's (2005) heterogeneous agent framework to model firms in the North as making explicit offshore outsourcing decisions to cheap-labor economies. We highlight how firms' technology transformations due to globalization will induce skill upgrading in the North, increase aggregate...

The computation of large-scale nonlinear intertemporal optimization problems requires time aggregation. A procedure generally adopted is shown to introduce a dependency of the solution steady state to a specific choice of sequence of time intervals. The authors establish necessary and sufficient...