International economic integration is often blamed for the deteriorating fortunes of unskilled workers in industrial countries. We look at the labor market impact of trade and foreign direct investment in the case of Italy. Our empirical framework allows for trade, technology and factor supply...

Este trabajo tuvo como objetivo: i) el estudio de la evolución del diferencial de salarios entre el sector público y privado y, ii) analizar el impacto en la distribución del ingreso de dicha evolución. Las principales conclusiones del trabajo son: -El salario promedio por hora es mayor en...

Since 1998 Hong Kong has experienced over 16 quarters of deflation. Some asset prices such as factory and office space prices started to fall in early 1990s, a long time before the Asian crisis. The number of firms and businesses that have moved out of Hong Kong are not readily available, but it...