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In this paper we investigate wage determination among professional football players ranked in the Italian A and B series. Since football is a highly labor intensive activity, both scale economies and scarcity of the most talented players emerge as the main determinants of the high earnings...
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Since the early 1980s, China has adopted favorable economic policies to attract FDI to facilitate technology development. Since inward FDI induces either sector or factor biased technical progress, the impact of FDI on income distribution between skilled and unskilled labor is not trivial. This...
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Incorporating family decisions in a two-period-model of the world economy, we show that trade liberalization may reduce …
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Liberalization of foreign trade and investment raises the domestic ratio of skilled to unskilled wages (skill premium …
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