Antras, Pol; Rossi-Hansberg, Esteban; Garicano, Luis - National Bureau of Economic Research (NBER) - 2005
question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents … globalization. Globalization leads to better matches for all southern workers but only for the best northern workers. As a result …, we show that globalization increases wage inequality in the South but not necessarily in the North. We also study how …