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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

Financial Literacy and Retirement Planning in the United States

Lusardi, Annamaria - 2011

We examine financial literacy in the United States using the new National Financial Capability Study, wherein we demonstrate that financial literacy is particularly low among the young, women, and the less-educated. Moreover, Hispanics and African-Americans score the least well on financial...

Persistent link: https://www.econbiz.de/10013124228

Pensions and the U.S. Labor Market

Gustman, Alan L.; Mitchell, Olivia S. - 2021

market. Available evidence indicates that pensions must be viewed as part of a long-term employment relation. For this reason … and employment Combining information on employee characteristics, turnover and retirement patterns, company inputs and …-side information with employment and wage histories of employees …

Persistent link: https://www.econbiz.de/10013216869

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