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Foreign Direct Investment and Relative Wages : Evidence from Mexico'S Maquiladoras
Feenstra, Robert C.; Hanson, Gordon H. - 2021
In this paper, we examine the increase in the relative wages of skilled workers in Mexico during the 1980s. We argue that rising wage inequality in Mexico is linked to capital inflows from abroad. The effect of these capital inflows, which correspond to an increase in outsourcing by...
Persistent link: https://www.econbiz.de/10013221077
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Productivity Measurement and the Impact of Trade and Technology on Wages : Estimates for the U.S., 1972-1990
Feenstra, Robert C.; Hanson, Gordon H. - 2021
We develop an empirical framework to assess the importance of trade and technical change on the wages of production and nonproduction workers. Trade is measured by the foreign outsourcing of intermediate inputs, while technical change is measured by the shift towards high-technology capital such...
Persistent link: https://www.econbiz.de/10013219298
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Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States
Card, David; Krueger, Alan B. - 2021
This paper estimates the effects of school quality - - measured by the pupil-teacher ratio, the average term length, and the relative pay of teachers -- on the rate of return to education for men born between 1920 and 1949. Using earnings data from the 1980 Census, we find that men who were...
Persistent link: https://www.econbiz.de/10013243437
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Observations and Conjectures on the U.S. Employment Miracle
Krueger, Alan B.; Pischke, Jörn-Steffen - 2022
-country differences in employment and population growth. This section finds that the U.S. has managed to absorb added workers … -- especially female workers -- into employment at a greater rate than most countries. The leading explanation for this phenomenon … is that the U.S. labor market has flexible wages and employment practices, whereas European labor markets are rigid. The …
Persistent link: https://www.econbiz.de/10013324004