by the cost of task trade. Comparing orders of magnitude we conclude that offshoring between similar countries only has a … small positive effect on the managerial wage premium, compared to offshoring between countries with a different relative …

The policy debate views offshoring as job destruction. Theoretical models of offshoring mostly assume full employment …-monotonic adjustment: Early stages of offshoring always lead to higher unemployment, while later stages may entail net job creation. We …