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Incorporating family decisions in a two-period-model of the world economy, we show that trade liberalization may reduce …
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There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household … effect on child labour. Consistently with the theory, a comparatively well educated labour force, and active social policies …
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Incorporating family decisions in a two-period-model of the world economy, we show that trade liberalization may reduce …
Persistent link: https://www.econbiz.de/10013026856
There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household … effect on child labour. Consistently with the theory, a comparatively well educated labour force, and active social policies …
Persistent link: https://www.econbiz.de/10013320572
Liberalization of foreign trade and investment raises the domestic ratio of skilled to unskilled wages (skill premium) if the country has a sufficiently well-educated workforce, but lowers it otherwise. Wide wage inequality is undesirable on equity grounds, especially in poor countries where the...
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