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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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trade or skill-biased technological change. …
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that the skill-biased technological change hypothesis is rejected if single countries are analyzed with an industry panel … since 1995. -- ICT ; Skill ; Income Inequality ; Labor Demand …
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Since the expansion of world trade in the 1980s, measures of inequality have risen not only in developed countries, but also throughout the developing world. This stylized fact is contrary to the predictions of classical trade theory that in countries with high endowments of unskilled labor,...
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