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In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements of offshoring: that it involves intermediate inputs for...
Persistent link: https://www.econbiz.de/10012997459
female wages rose almost unabated from 1890 to the early-1990s in the United States (with the exception of about 1940 …
Persistent link: https://www.econbiz.de/10013319372
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10013316685
In this paper we survey the recent empirical literature on the effects of offshoring on wage, employment and displacement. We start with an overview of the measurement of offshoring, organizing our discussion around the three key elements of offshoring: that it involves intermediate inputs for...
Persistent link: https://www.econbiz.de/10011452576
1970-2005. Finance relative skill intensity and skilled wages generally increase but not in all countries, and to varying … degrees. Skilled wages in finance account for 36% of increases in overall skill premia, although finance only accounts for 5 … are the most important factors driving wages in finance. Differential investment in information and communication …
Persistent link: https://www.econbiz.de/10012970052
1970-2011. Finance relative wages generally increase but not in all countries, and to varying degrees. Trading … the most important factor driving up wages in finance; it has a larger effect in environments where informational rents … technology does not have causal explanatory power. High finance wages attract skilled international immigration to finance …
Persistent link: https://www.econbiz.de/10013005717
structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first …
Persistent link: https://www.econbiz.de/10010261657
The gender wage gap varies across countries. For example, among OECD nations women in Australia, Belgium, Italy and Sweden earn 80% as much as males, whereas in Austria, Canada and Japan women earn about 60%. Current studies examining cross-country differences focus on the impact of labor market...
Persistent link: https://www.econbiz.de/10010424152
The gender wage gap varies across countries. For example, among OECD nations women in Australia, Belgium, Italy and Sweden earn 80% as much as males, whereas in Austria, Canada and Japan women earn about 60%. Current studies examining cross-country differences focus on the impact of labor market...
Persistent link: https://www.econbiz.de/10013044406
The increasing wage inequality in many countries is usually seen as brought about by economic forces that drive for economic efficiency within a changing technological and social environment. Ethical evaluations of these developments diverge, yet the view that free labor markets drive to...
Persistent link: https://www.econbiz.de/10010331414