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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
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
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/10008936984
This paper concentrates on the trends in peer-reviewed longitudinal panel studies under scientific direction. Household panel studies have succeeded in broadening their disciplinary scope. Numerous innovations such as questions dealing with psychological concepts, and age-specific topical...
Persistent link: https://www.econbiz.de/10003963260
The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been caused by policies based on "rational expectation" models that advocate deregulated finance, with...
Persistent link: https://www.econbiz.de/10009269425
The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been caused by policies based on “rational expectation” models that advocate deregulated finance, with...
Persistent link: https://www.econbiz.de/10013122313
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
The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the "classics", however (Fisher (1935), Clark...
Persistent link: https://www.econbiz.de/10013319586