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We review the skill-biased technological change (SBTC) versus NorthSouth trade (NST) debate in order to explain widening wage inequality between skilled and unskilled workers. The traditional explanations based on exogenous SBTC and on the NorthSouth Heckscher Ohlin Samuelson approach, as well...
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Starting from the diagnosis that Germany has had better economic outcomes than most advanced countries since the mid-2000s, we propose a general equilibrium model to answer the following two questions: Why is it so and is the German experience applicable to other EU countries? Whereas a large...
Persistent link: https://www.econbiz.de/10013001028
A usual interpretation of the high performance of the German economy since 2005 is that the Hartz labour market reforms have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This explanation is at odds with the sequence of observed facts. We...
Persistent link: https://www.econbiz.de/10013025334
In the case of France, we analyse the changes (i) in the skill premium linked to each level of education and (ii) in the impact of parents’ skill and income upon the educational attainment of their children. To this end, we build a theoretical model which is subsequently estimated. Our...
Persistent link: https://www.econbiz.de/10014157045
In the case of France, we analyse the changes in the wage value of each education level and the impact of parents’ education and income upon the education attainment of children, sons and daughters. We find a critical decline in the skill premium of the Baccalauréat (‘bac’) in relation to...
Persistent link: https://www.econbiz.de/10014146803
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