The Impact of International Trade on Wages

摘要: Since the early 1980s, US economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled seen absolute decline in real wages. How and why this disparity arisen is matter ongoing debate among policymakers economists. Two competing theories emerged to explain phenomenon, one focusing on international trade labour market globalization as driving force behind devaluation low-skill jobs, other role technological change catalyst for escalation high-skill This collection brings together innovative new ideas data sources order provide more satisfying alternatives versus technology assess directly specific impact volume offers thorough appraisal distribution predicament, examining continued effects market.