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only. With manufacturing nowadays accounting for a small share of the economy, whether productivity, size, and wages are … between wages and productivity is stronger. The combination of these results suggests that, in a service economy the “size …
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Assuming that immigrants select destinations according to absolute returns to their observable and unobservable human capital, I present a human capital model of migration accounting for taxes, transfers and limited portability of skills. The model predicts both segmented sorting of migrants to...
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The increase of emerging market economies in international trade and rapid rise in global trade intensity over the past three decades has been accompanied by growing, regionally concentrated, discontent with trade in advanced OECD countries. One of the main concerns is the negative effects of...
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