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Between 1986 and 1990, the Mexican government reduced tariffs and import license coverage by more than 50%. The author, using micro-level data, analyzes the impact of trade reform on Mexican wages and employment. Industries that had greater reductions in protection levels, she finds, had a...
Persistent link: https://www.econbiz.de/10014126850
Many industrialized economies have seen a rapid rise in top income inequality and in the globalization of production since the 1980s. In this paper I propose an open economy model of executive pay to study how offshoring affects the pay level and incentives of top earners. The model introduces a...
Persistent link: https://www.econbiz.de/10011657028
Considerable effort has been devoted in recent years to the description of wage structure. This research has documented a rising return to education, unobserved skill, and work experience. However, there appears to be little research into causes of the change in structure. This paper seeks to...
Persistent link: https://www.econbiz.de/10014076739
Services trade has become increasingly important, yet its impact on employment has been understudied at present. This paper uses fine-grained data on firm- and worker-level information to shed light on the impact of services trade on employment and wages in the United Kingdom. It finds that...
Persistent link: https://www.econbiz.de/10012432842
This paper reviews the effects of trade liberalisation on wages in developing countries, and presents new evidence for Brazil. Wages fell substantially in the traded sector after trade liberalisation, consistent with there being reduced rents as industries faced greater competition. After trade...
Persistent link: https://www.econbiz.de/10014072715
This paper first reviews theoretical and empirical studies of the effects of trade liberalisation on wages in developing countries. It then presents new evidence for the case of Brazil which experienced a period of rapid trade liberalisation at the beginning of the 1990s. Conditional on...
Persistent link: https://www.econbiz.de/10014075334
Persistent link: https://www.econbiz.de/10011765133
The recent economic policy debate in Germany emphasizes the impact of globalization of the world economy on the German labor market. This paper provides an empirical analysis of the relationship between trade and the labor market in West Germany for the period from 1970 until German...
Persistent link: https://www.econbiz.de/10009620805
Persistent link: https://www.econbiz.de/10010520110
This paper studies the impact of Argentina trade liberalization during the nineties on the industry wage premium structure. We find that accounting for unobserved time invariant industry characteristics is crucial. When we do not control for industry fixed effects, we find that workers in...
Persistent link: https://www.econbiz.de/10011691326