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trade or skill-biased technological change. …
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Mobile workers involve flows of labor and human capital and contribute to a more efficient allocation of resources. However, migration also changes relative wages, alters the distribution of skills and affects equality in the receiving society. The paper suggests that skilled immigration...
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A vast literature aimed at understanding the nature and causes of wage inequality focuses on the skill premium as a key … object of interest. In an environment where both the skill premium and the share of skilled workers are changing, however …, the between-skill-group component of inequality may fall even as the skill premium rises - a pattern that is indeed …
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This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in OECD countries. The similarity of shocks and technological changes affecting these countries suggests that interactions of these shocks and country-specific institutions are...
Persistent link: https://www.econbiz.de/10013320926