Competition, Trade and Wages.
I review briefly the empirical evidence in the trade and wages debate, which overwhelmingly rejects the Heckscher-Ohlin explanation for recent increases in OECD skill premia. I then argue that the same evidence is also difficult to reconcile in general equilibrium with the view that exogenous skill-...
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Format: | Working paper |
Language: | English |
Published: |
CEPR
2001
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