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trade or skill-biased technological change. …
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Mobile workers involve flows of labor and human capital and contribute to a more efficient allocation of resources. However, migration also changes relative wages, alters the distribution of skills and affects equality in the receiving society. The paper suggests that skilled immigration...
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A vast literature aimed at understanding the nature and causes of wage inequality focuses on the skill premium as a key … object of interest. In an environment where both the skill premium and the share of skilled workers are changing, however …, the between-skill-group component of inequality may fall even as the skill premium rises - a pattern that is indeed …
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