Berman, Eli; Bound, John; Machin, Stephen - In: The Quarterly Journal of Economics 113 (1998) 4, pp. 1245-1279
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pervasive skill-biased technological change (SBTC) can explain this decline. SBTC tends to increase the domestic supply of unskill-intensive goods by releasing less-skilled labor. The more countries...