THE IMPACT OF INTERNATIONAL TRADE ON WAGES by Robert C. Feenstra (Editor) ( 9780226239637 )

Item Details

Title:

THE IMPACT OF INTERNATIONAL TRADE ON WAGES

By:

Robert C. Feenstra (Editor)

Format:

Hardback

List price:

£88.00

Our price:

£79.20

Discount:

10% off

You save:

£8.80

ISBN 10:

0226239632

ISBN 13:

9780226239637

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Publisher:

THE UNIVERSITY OF CHICAGO PRESS

Pub. date:

15 July, 2000

Edition:

2nd ed.

Series:

National Bureau of Economic Research Conference Report

Pages:

360

Description:

This collection of ideas and data sources provides alternatives to the trade versus technology debate and assesses the impact of international trade on US wages. It offers an appraisal of the wage distribution predicament, examining the effects of technology and globalization on the labour market.

Synopsis:

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.

Illustrations:

54 line drawings, 85 tables

Publication:

Imprint:

University of Chicago Press

Returns:

Returnable

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