Álvarez, Roberto; López, Ricardo A. - In: The World Economy 32 (2009) 8, pp. 1165-1179
This paper examines the effect of changes in the real exchange rate on skill upgrading in the case of Chile. Using plant-level data from the manufacturing sector, we find that a real depreciation increases the share of skilled workers in the total wage bill in exporters but not in non-exporters....