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Wages, Unemployment and Inequality with Heterogeneous Firms and Workers

Helpman, Elhanan - 2008

In this paper we develop a multi-sector general equilibrium model of firm heterogeneity, worker heterogeneity and labor market frictions. We characterize the distributions of employment, unemployment, wages and income within and between sectors as a function of structural parameters. We find...

Persistent link: https://www.econbiz.de/10012464522

Skill Biased Heterogeneous Firms, Trade Liberalization, and the Skill Premium

Harrigan, James - 2011

We propose a theory that rising globalization and rising wage inequality are related because trade liberalization …. This mechanism works regardless of factor endowment differences, so we provide an explanation for why globalization and …

Persistent link: https://www.econbiz.de/10012461053

Analyzing the Labor Market Outcomes of Occupational Licensing

Gittleman, Maury - 2015

Recent assessments of occupational licensing have shown varying effects of the institution on labor market outcomes. This study revisits the relationship between occupational licensing and labor market outcomes by analyzing a new topical module to the Survey of Income and Program Participation...

Persistent link: https://www.econbiz.de/10012457705

Globalization and Wage Inequality

Helpman, Elhanan - 2016

Globalization has been blamed for rising inequality in rich and poor countries. Yet the views of many protagonists in … empirical literature on the relationship between globalization and wage inequality. While the initial analysis that started in … cumulative effect has been modest, and that globalization does not explain the preponderance of the rise in wage inequality …

Persistent link: https://www.econbiz.de/10012455736

Inequality and Unemployment in a Global Economy

Helpman, Elhanan - 2008

This paper develops a new framework for examining the distributional consequences of trade liberalization that is consistent with increasing inequality in every country, growth in residual wage inequality, rising unemployment, and reallocation within and between industries. While the opening of...

Persistent link: https://www.econbiz.de/10012464169

Trade Liberalization and the Skill Premium : A Local Labor Markets Approach

Dix-Carneiro, Rafael - 2015

We develop a specific-factors model of regional economies that includes two types of workers, skilled and unskilled. The model delivers a simple equation relating trade-induced local shocks to changes in local skill premia. We apply the methodology to Brazil's early 1990s trade liberalization...

Persistent link: https://www.econbiz.de/10012457754

Do Male-Female Wage Differentials Reflect Differences in the Return to Skill? Cross-City Evidence From 1980-2000

Beaudry, Paul - 2012

Over the 1980s and 1990s the wage differentials between men and women (with similar observable characteristics) declined significantly. At the same time, the returns to education increased. It has been suggested that these two trends may reflect a common change in the relative price of a skill...

Persistent link: https://www.econbiz.de/10012460502

Analyzing the Extent and Influence of Occupational Licensing on the Labor Market

Kleiner, Morris M. - 2009

This study examines the extent and influence of occupational licensing in the U.S. using a specially designed national labor force survey. Specifically, we provide new ways of measuring occupational licensing and consider what types of regulatory requirements and what level of government...

Persistent link: https://www.econbiz.de/10012463670

Beyond Signaling and Human Capital : Education and the Revelation of Ability

Arcidiacono, Peter - 2008

In traditional signaling models, education provides a way for individuals to sort themselves by ability. Employers in turn use education to statistically discriminate, paying wages that reflect the average productivity of workers with the same given level of education. In this paper, we provide...

Persistent link: https://www.econbiz.de/10012464698

Information and Globalization : Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization

Rauch, James E. - 2000

We model home country familiarity with business opportunities in a foreign country as a parameter in a matching process between domestic and foreign firms. We show that as familiarity increases the effect of relative national labor supplies on relative national wages declines, the elasticity of...

Persistent link: https://www.econbiz.de/10012471096