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Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in relative employment from unskilled labor towards skilled and educated labor. Assuming capital-skill complementarity and fixed relative wages as a consequence of labor market...
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Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in relative employment from unskilled labor towards skilled and educated labor. Assuming capital-skill complementarity and fixed relative wages as a consequence of labor market...
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trade integration. Using administrative data for both Denmark (1993-2012) and Portugal (1993-2011), we perform a two … the second step we estimate the impact of such changes on the skill distribution. The main results for Denmark show that … both the average and the standard deviation of skills increase as a result of trade integration. For Portugal we find …
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