Labor Market Shifts and the Price Puzzle Revisited PDF Download
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Author: Alan B. Krueger
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 36
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Book Description
This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed through to final product prices roughly in proportion to their factor shares. Second, product prices have grown relatively less in sectors that more intensively utilize less-skilled labor. The latter finding is consistent with the Stolper-Samuelson theory of expanded trade with countries that are abundant in less-skilled workers, as well as with some models of technological change.
Author: Alan B. Krueger
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 36
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Book Description
This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed through to final product prices roughly in proportion to their factor shares. Second, product prices have grown relatively less in sectors that more intensively utilize less-skilled labor. The latter finding is consistent with the Stolper-Samuelson theory of expanded trade with countries that are abundant in less-skilled workers, as well as with some models of technological change.
Author: Carl Davidson
Publisher: W.E. Upjohn Institute
ISBN: 0880992743
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
Author:
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 232
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Book Description
Author: D. Greenaway
Publisher: Springer
ISBN: 0230582389
Category : Business & Economics
Languages : en
Pages : 227
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Book Description
Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.
Author: Lawrence Mishel
Publisher: Routledge
ISBN: 1315293595
Category : Business & Economics
Languages : en
Pages : 427
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Book Description
The State of Working America, 1996-97 presents a statistical portrait of the standard of living of America's working families based on the most recent data available. By thoroughly analyzing areas such as family income, taxes, wages, jobs, wealth, and poverty, Mishel, Bernstein, and Schmitt show how the current economy is reflected in the lives of American workers. The new edition will update all statistical data and add a chapter on regional differences.
Author:
Publisher: M.E. Sharpe
ISBN: 9780765618641
Category : Cost and standard of living
Languages : en
Pages : 484
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Book Description
Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239640
Category : Political Science
Languages : en
Pages : 420
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Book Description
Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.
Author: Susan M. Collins
Publisher: Brookings Institution Press
ISBN: 0815714998
Category : Business & Economics
Languages : en
Pages : 572
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Book Description
Will technological improvement and growth in the rest of the world cause a decline in American living standards? Can government policy in Japan and Western Europe limit the availability of high- wage jobs in America? Does expanding trade with Mexico and other developing countries with large numbers of inexpensive workers imply a continuing decline in wages for low-skilled American workers? These questions express a widespread concern about potential negative effects of import competition on domestic labor markets, but ignore potential gains to U.S. workers from exports abroad. Through U.S. exports, the rest of the world is an increasingly large indirect employer of U.S. workers, and through imports, foreign labor is an increasingly important potential substitute for U.S. workers. Bringing together the often diverse perspectives of international economists, labor economists, and policymakers, this volume analyzes how international trade affects the level and distribution of wages and employment in the United States, examines the need for government intervention, and evaluates policy options. In addition to the editor, the contributors are Jagdish Bhagwati, Columbia University and American Enterprise Institute; J. Bradford De Long, U.S. Department of the Treasury and University of California, Berkeley; I. M. Destler, University of Maryland and Institute for International Economics; Richard B. Freeman, Harvard University and London School of Economics; Louis Jacobson, WESTAT; Lori G. Kletzer, University of California, Santa Cruz; Edward Leamer, University of California, Los Angeles; Michael Piore, Massachusetts Institute of Technology; Ana Revenga and Claudio Montenegro, The World Bank; Jeffrey D. Sachs and Howard Shatz, Harvard University.
Author: Michael Pflüger
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
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Book Description
Author: Maurizio Bussolo
Publisher: Routledge
ISBN: 1134289359
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
Introduction / Maurizio Bussolo and Jeffery Round -- The impact of structural reforms on poverty : a simple methodology with extensions / Neil McCulloch -- Trade liberalisation and poverty dynamics in Vietnam / Yoko Niimi, Puja Vasudeva-Dutta, and L. Alan Winters -- Globalisation and poverty : implications of South Asian experience for the wider debate / Jeffery Round and John Whalley -- Globalisation in developing countries : the role of transaction costs in explaining economic performance in India / Maurizio Bussolo and John Whalley -- Globalisation-poverty interactions in Bangladesh / Mustafa Mujeri and Bazlul Khondker -- Poverty and policy in a globalising economy : the case of Ghana / Maurizio Bussolo and Jeffery Round -- Trade liberalisation and poverty in Nepal : computable general equilibrium micro simulation analysis / John Cockburn -- Globalisation and poverty changes in Colombia / Maurizio Bussolo and Jann Lay.
