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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

Employment, Wages, and Unionism in a Model of the Aggregate Labor Market in Britain

Pencavel, John H. - 2010

Two propositions figure prominently in explanations for Britain's comparatively low growth in employment: first, the …-defined negative causal relationship from wages to employment with the features of a conventional labor demand function. Using …'s employment record cannot be drawn from aggregate data …

Persistent link: https://www.econbiz.de/10012760182

Wage and Employment Determinants Under Trade Unionism : The Internationaltypographical Union

Dertouzos, J.N; Pencavel, John H. - 2021

literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …

Persistent link: https://www.econbiz.de/10013218427

The Trade-Off between Wages and Employment in Trade Union Objectives

Pencavel, John H. - 2021

amenable to empirical analysis. A characterization of the wage and employment-setting process in unionized markets is adopted … opportunities for substituting wages for employment in response to a change in the slope of the employer's labor demand function …. Larger union locals place greater emphasis on wages versus employment than smaller union locals …

Persistent link: https://www.econbiz.de/10013227228

A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-80

Pencavel, John H. - 2010

H. Gregg Lewis' estimates of the relative wage effect of unionism between 1920 and 1958 are routinely cited though they have rarely been subject to scrutiny. This paper extends Lewis' data to 1980 and, in particular, we construct a series on union membership that links up with the data available...

Persistent link: https://www.econbiz.de/10012760354

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