In this paper, we explore the role of trade in differentiated final goods as well offshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Production labor is assumed to be a variable input composed of tradable...

We explore the role of trade in differentiated final goods as well ollshoring of tasks for inequality both within and between countries. We emphasize the distinction between managerial and production labor. Managerial labor is a fixed input while production labor is a variable input. Following...

Diese Arbeit will einen Beitrag zur Klärung des Befriffes Globalisierung leisten. Im Rahmen eines einfachen Modells werden zwei relevante Globalisierungsszenarien analysiert, wobei besonderes Augenmerk auf eine klare Trennung zwischen den Effizienz- und den Verteilungswirkungen gelegt wird. Wir...