The impact of international trade on wages
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Bibliographic Information
The impact of international trade on wages
（A National Bureau of Economic Research conference report）
University of Chicago Press, 2000
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
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"This volume contains revised versions of the papers and discussion presented at a National Bureau of Economic Research conference held in Monterey, California, on February 27-28, 1998"--Acknowledgements
Includes bibliographical references and indexes
Description and Table of Contents
Description
Since the early 1980s, the US 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 labour 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 US wages. This volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labour market.
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