Showing 1 - 10 of 29
factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … for both growth and inequality. Calibrated TFP growth is consistent with the results from nonparametric growth accounting … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …
Persistent link: https://www.econbiz.de/10009395928
, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality … into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in …
Persistent link: https://www.econbiz.de/10010292022
, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality … into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in …
Persistent link: https://www.econbiz.de/10009447278
This paper focuses on the decomposition of observed increases in UK wage inequality since 1979 into the component factors of competition from low-wage imports and technological change. Building on recent work by Abrego and Whalley, it argues that the length of production run and degree of .xity...
Persistent link: https://www.econbiz.de/10009461192
, when this may not be the case. Incorrect conclusions as to how trade surges and technology contribute to wage inequality … into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and …. In particular, if the observed wage inequality response to price and technology shocks reflects a short-run response in …
Persistent link: https://www.econbiz.de/10005212404
Mankiw, Romer and Weil's (1992) finding of a cross-country relationship between savings rates, school enrolment and income levels is highly ambiguous. Their in- terpretation that it is consistent with an augmented Solow model depends on the implausible assumption that educational productivity is...
Persistent link: https://www.econbiz.de/10005385323
We examine the R&D and export decisions of two ex ante symmetric firms in symmetric countries, with both unit trade … costs and fixed entry costs to the export market. When both trade costs are low, there will be a symmetric, cross …-hauling duopoly, but if fixed costs are fairly high, unit trade costs are low and R&D is relatively cheap, there will be an asymmetric …
Persistent link: https://www.econbiz.de/10010739978
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010929026
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010933269
on the volume of intermediate goods trade and the number of varieties produced are mutually reinforcing, resulting in a …
Persistent link: https://www.econbiz.de/10010948859