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wage impact occurs if the elasticity of substitution in preferences between imports and import substitutes is one. As this … the sign of the effect changes. We suggest that since many import demand elasticity estimates are in the neighbourhood of …
Persistent link: https://www.econbiz.de/10012471093
This paper explores the use of structural models as an alternative to reduced form methods when decomposing observed joint trade and technology driven wage changes into components attributable to each source. Conventional mobile factors Heckscher-Ohlin models typically reveal problems of...
Persistent link: https://www.econbiz.de/10012471472
This paper explores the use of structural models as an alternative to reduced form methods when decomposing observed joint trade and technology driven wage changes into components attributable to each source. Conventional mobile factors Heckscher-Ohlin models typically reveal problems of...
Persistent link: https://www.econbiz.de/10012763352
wage impact occurs if the elasticity of substitution in preferences between imports and import substitutes is one. As this … the sign of the effect changes. We suggest that since many import demand elasticity estimates are in the neighbourhood of …
Persistent link: https://www.econbiz.de/10013222900
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This paper focuses on the causes of increased wage inequality in OECD countries in recent years and its decomposition into the component factors of trade surges in low wage products and technological change that has preoccupied the trade and wages literature. It argues that the length of...
Persistent link: https://www.econbiz.de/10001762519