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In this paper, we examine the question of how trade drives educational attainment in a cross-country panel setting. If … underscores the relevance of factor intensities across sectors, including the skill acquisition sector, in determining how the … educated labor, presumably through capital-skill complementarity …
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recent research fails to account for the fact that the price of skill (and thus wage inequality) is determined to a large … extent by the match of skill supply and demand. …
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In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model … to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative … supply of skills. An increase in the relative supply of skills, holding technology constant, reduces the skill premium. Among …
Persistent link: https://www.econbiz.de/10012471782
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model … to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative … supply of skills. An increase in the relative supply of skills, holding technology constant, reduces the skill premium. Among …
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