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Persistent link: https://www.econbiz.de/10010523266
-based determinations of wages. Special emphasis is given to the effects of human capital variables, such as education, experience, and … training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers … appropriate their productivity gains of education through wages. On the other hand, workers with more experience are more …
Persistent link: https://www.econbiz.de/10010522409
distribution of earnings inequality since 1996. This paper shows the following results. First, education has the highest gross … contribution in explaining changes in earnings distribution. Second, both changes in the distribution of education and in the …. Specifically, when the income profile effect related to education became steeper and the inequality of education increased, the …
Persistent link: https://www.econbiz.de/10010522142
, productivity growth increases with North-South trade-related technology diffusion and education and the interaction between the two …, and decreases with the brain drain. Second, the impact of North-South trade-related technology diffusion, education, and …
Persistent link: https://www.econbiz.de/10011394122
"Mundell and Markusen each wrote classic papers on the relationship between trade and factor movement. Mundell showed that substitution holds in the Heckscher-Ohlin model. Markusen challenged the substitution result and showed in five different models that removing barriers to factor movement...
Persistent link: https://www.econbiz.de/10010522088
How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. A preferred supplier market presence and threat of entry lessen a nonmember country's price reaction to most-favored-nation trade liberalization...
Persistent link: https://www.econbiz.de/10010524100