Showing 1 - 10 of 847
In recent years, economists and other social scientists have devoted extensive research efforts to understanding the widening wage gap between high-skill and low-skill workers. This paper focuses on a slightly different question: how has globalization affected the relative share of income going...
Persistent link: https://www.econbiz.de/10011257852
This chapter reviews the evidence on the linkages between globalization and poverty, drawing on the collected works of Jagdish Bhagwati and the results of an National Bureau of Economic Research (NBER) project directed by Ann Harrison, Globalization and Poverty. We focus on two measures of...
Persistent link: https://www.econbiz.de/10009647353
wage inequality in U.S. in the last 50 years. This paper shows in a simple uni�ed framework why both mechanisms can …
Persistent link: https://www.econbiz.de/10005835790
for trade policy are mixed. Decrease in import taxes increase wage inequality, whereas decrease in export taxes has an …
Persistent link: https://www.econbiz.de/10005622101
have been no studies on the association between trade facilitation and poverty as well as inequality. This paper examines … with poverty, inequality and per capita GDP. Countries with more improvement in trade facilitation are more likely to have … lower poverty and inequality, and higher per capita GDP than other countries with less improvement in trade facilitation. …
Persistent link: https://www.econbiz.de/10011110270
In this note, we consider the impact of job rotation in a directed search model in which firm sizes are endogenously determined, and match quality is initially unknown. A large firm benefits from the opportunity of rotating workers so as to partially overcome mismatch loss. As a result, in the...
Persistent link: https://www.econbiz.de/10009323653
We consider a directed search environment where capacity constrained sellers reach uncoordinated buyers through costly advertising while buyers observed all prices probabilistically. We show that: (i) the equilibrium advertising intensity has an inverted U-shape in market tightness, (ii) the...
Persistent link: https://www.econbiz.de/10011112814
This paper addresses the impact of FDI on the labor share of income in developing countries. We propose a theory that relies on the impacts of FDI on productive heterogeneity between firms in a frictional labor market. We argue that FDI have two opposite effects on the labor share: a negative...
Persistent link: https://www.econbiz.de/10005790352
This paper contributes to the debate over the relationship between inequality and growth by proposing that the … disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that … inequality exert a positive correlation with economic growth while high levels have a negative one. Additionally, and more …
Persistent link: https://www.econbiz.de/10011259019
This paper suggests that the difference in the Theil indices of inequality between two economies approximately measures …
Persistent link: https://www.econbiz.de/10005260299