The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced …

This study tests FDI technology spillover models with the assumption that learning takes time against wage bargaining … models by estimating the wage-premium of a foreign takeover. The technology spillover theory predicts a larger wage growth in … firms taken over by foreign investors than in local firms. However, this wage growth should be confined to high …

as well as real and nominal wages. The results indicate considerable time variation in U.S. wage dynamics that can be …', technology shocks in contrast triggered wage-price spirals, moving nominal wages and prices in the same direction at longer … magnitudes, can only be explained by assuming a high degree of wage indexation in conjunction with a weak reaction of monetary …

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … have spillover benefits for the unskilled sector while immigration into the production sector will always reduce wage …, aggravating wage inequality. In essence, we infer: (i) if R&D inputs contributes only to skilled sector, wage inequality increases …

firms. Under certain conditions, any progressive tax reform induces technical change that compresses the pre-tax wage …

shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic …