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In this paper I discuss a structural problem facing the United States with respect to our policy responses in the context of trade and technological change and their impact on workers. Both trade and technological change have put enormous pressure on the U.S. economy to raise the skill level of...
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"Less than we think" -- What are we talking about when we talk about globalization -- Is English conquering the world … about the Internet? -- Do American companies dominate the world economy? -- Seeing ourselves everywhere -- The resistance of …
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The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … to an increased relative skill demand which is not matched by the skill supply and therefore mis-match unemployment …
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