Showing 1 - 10 of 30,746
Neoclassical trade theory suggests that factor price convergence should follow increased commercial integration. Rising … commercial integration and foreign direct investment followed the 1994 North American Free Trade Agreement between the United … States and Mexico. This paper evaluates the degree of wage convergence between Mexico and the United States between 1988 and …
Persistent link: https://www.econbiz.de/10010369823
This paper studies the implications for wage inequality of two distinct forms of globalisation, namely trade and …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … monopolistic competition. The model allows me to account for the observed empirical patterns, and delivers novel insights about the …
Persistent link: https://www.econbiz.de/10012315942
This paper provides micro-level evidences on the close linkage between globalization and wage inequality. We … HMT investment discourages the wage growth in domestic firms. The evidences suggest that exposure to international trade … and foreign investment increases the inter-enterprise wage inequality …
Persistent link: https://www.econbiz.de/10012708611
-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade …'s (1965) exposition of the standard trade model as analytical backbone to identify and settle the sources of disagreement, to …
Persistent link: https://www.econbiz.de/10011437433
educational levels in the enlarged EU. The analysis is based on sectoral database, linking labor market statistics and trade data … former EU-15 economies, in the period 1995-2005. The results of the empirical model suggest that wage inequality between … a lower extent, to trade forces. Degree of trade penetration affects skilled-unskilled wage gaps but we do not find …
Persistent link: https://www.econbiz.de/10013098259
unanticipated trade liberalisations. A two-factor (skilled and unskilled labour), two-sector Heckscher-Ohlin model is supplemented …'s income depends on ability, but all unskilled workers have the same income. Trade liberalisation in an abundant country …
Persistent link: https://www.econbiz.de/10012728662
unanticipated trade liberalisations. A two-factor (skilled and unskilled labour), two-sector Heckscher-Ohlin trade model is … skilled worker's income depends on her ability, but all unskilled workers have the same income. Trade liberalisation in a …
Persistent link: https://www.econbiz.de/10013143827
This paper introduces a framework to study the impact of trade liberalization on wage inequality and welfare in the … wages on the right side of the distribution. Nevertheless, inequality in the open economy is always higher than in autarky … of workers for working at different firms generates between-firm wage inequality for workers with identical skills. The …
Persistent link: https://www.econbiz.de/10012040085
has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the … workers buy personal services. Fiercer foreign competition triggered by technological catching up shifts production jobs …
Persistent link: https://www.econbiz.de/10010417976
The analysis of the effects of firm-level international trade on wages has so far focused on the role of exports, which … trade and wages across types of products. In particular, firms that increase their exports (imports) of high- (intermediate …
Persistent link: https://www.econbiz.de/10013153015