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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. The more countries experiencing a SBTC the greater its potential to decrease local demands for unskilled labor by...
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In this paper we consider the extent to which skill-biased technological changes are transferring across international borders, thereby altering the skill structure of labour markets. Evidence of increased relative demand for skilled workers is uncovered in the manufacturing sectors of 37 high-,...
Persistent link: https://www.econbiz.de/10014139557
Demand for less skilled workers decreased dramatically in the US and in other developed countries over the past two decades. We argue that pervasive skill-biased technological change rather than increased trade with the developing world is the principal culprit. The pervasiveness of this...
Persistent link: https://www.econbiz.de/10013229065
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. The more countries experiencing a SBTC the greater its potential to decrease local demands for unskilled labor by...
Persistent link: https://www.econbiz.de/10014221677