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This paper examines whether the sector bias of skill-biased technical change (SBTC) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of SBTC that determines SBTC’s...
Persistent link: https://www.econbiz.de/10005666753
contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in … 1980s. We also find that although increased trade pressure has raised technical change, its effect on wage inequality was …
Persistent link: https://www.econbiz.de/10005789090