Cazzuffi, Chiara; Pereira-López, Mariana; Rosales, Irving - 2023
associated with reductions in skilled and unskilled workers' wages. Furthermore, the elasticities are relatively similar. Second …, there is sectoral heterogeneity as, for manufacturing, unskilled workers' wages decrease more, while skilled workers do not … wages is null, and this is consistent with a higher level of bargaining power. Even though the effects of labor market …