Ekholm, Karolina; Ulltveit-Moe, Karen-Helene - C.E.P.R. Discussion Papers - 2007
fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a … rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative …