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This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The evidence supports the validity of Kuznets' inverted-U hypothesis for the connection between income level and income inequality. However, when more variables are integrated into...
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The education services provided in any given country increasingly contribute to human capital that is employed in another country. On the one hand, graduates may seek to obtain the highest return to the knowledge they gained in their home country by working abroad. On the other hand, some...
Persistent link: https://www.econbiz.de/10010204511
The education services provided in any given country increasingly contribute to human capital that is employed in another country. On the one hand, graduates may seek to obtain the highest return to the knowledge they gained in their home country by working abroad. On the other hand, some...
Persistent link: https://www.econbiz.de/10013073514
A framework for understanding the determinants in the variation in the pricing of skills across countries and the model underlying the Mincer specification of wages that is used widely to estimate the relationship between schooling and wages are described. A method for identifying skill prices...
Persistent link: https://www.econbiz.de/10008658507
A framework for understanding the determinants in the variation in the pricing of skills across countries and the model underlying the Mincer specification of wages that is used widely to estimate the relationship between schooling and wages are described. A method for identifying skill prices...
Persistent link: https://www.econbiz.de/10014198824
emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower … shows that growing import competition from China differentially reduced earnings and employment rates for workers in more … a large growth of net imports from China (such as the UK and the US), than in countries that maintained relatively …
Persistent link: https://www.econbiz.de/10012745407
Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand and supply of more and less-skilled labour. Drawing...
Persistent link: https://www.econbiz.de/10010465013