With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could have spillover benefits for the unskilled sector while...

With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could have spillover benefits for the unskilled sector while...

In a two-cone Heckscher-Ohlin model with CES preferences and a continuum of goods, adding new goods to the North's technology necessarily increases the Northern skill premium if the new goods are skilled-labor intensive, but may even increase the premium if they are unskilled-labor intensive....