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scenario in which offshoring explains the gains in competitiveness but increases unemployment and inequality, and the …, amplifying the rise in inequality. The model outcomes are consistent with all the developments of the German economy since 1995 … comes with both higher inequality and higher unemployment; 3) The setting of the labour market reform reduces unemployment …
Persistent link: https://www.econbiz.de/10010878140
economies, which has coincided with an increase in intra-country income inequality, both within and between skill groups. This … article surveys the key mechanisms of the globalization-inequality relationship. Four strands of literature are reviewed … generate most of the observed facts on trade and inter-skill group inequality, but also between unequally talented workers …
Persistent link: https://www.econbiz.de/10011163078
We review the theoretical and empirical economic literature upon income inequality in emerging countries. We firstly … display rather conflicting results. Most cross-country studies find a weak impact of globalization on income inequality. In … correlation between openness and the relative demand for skill and inequality. These apparently conflicting findings reflect the …
Persistent link: https://www.econbiz.de/10011163088