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The paper employs a three-sector general equilibrium model for examining the consequences of an infrastructure development scheme to the education sector and an inflow of foreign capital on the skilled-unskilled wage inequality in a developing economy. The education sector faces a capital...
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The UK and the US have experienced both rising skill premia and rising employment of skilled workers since the 1980s. These trends are typically interpreted as concurrent shifts of relative skill supplies and demands, and the demand shifts are attributed to skill-biased technological change or...
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increase the unemployment rate. We then discuss a number of policy responses (tax cuts, direct government employment of the … unskilled, employment subsidies to firms for hiring the unskilled, increased generosity of unemployment insurance) under …
Persistent link: https://www.econbiz.de/10011409777
increase the unemployment rate. We then discuss a number of policy responses (tax cuts, direct government employment of the … unskilled, employment subsidies to firms for hiring the unskilled, increased generosity of unemployment insurance) under …
Persistent link: https://www.econbiz.de/10013320541