Trade-Induced Structural Change and the Skill Premium
نویسندگان
چکیده
منابع مشابه
Skill-Biased Structural Change and the Skill-Premium
We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand for skilled labor. We develop a two-sector model of this process and use it to assess the contributi...
متن کاملAddendum to: International Trade, Technology, and the Skill Premium
In this Addendum we set up a perfectly competitive version of the model and conduct a range of comparative static exercises under simplifying assumptions. Compared to the model described in Section 2 of our main paper, we assume that there is a large number of rms in each variety (!; j) in each country and that within a country all rms have access to the same productivity z. This implies that...
متن کاملWhat Drives the Skill Premium: Technological Change or Demographic Variation?
This paper quantitatively examines the e¤ects of two exogenous driving forces, investment-speci c technological change (ISTC) and the demographic change known as the baby boom and the baby bust,on the evolution of the skill premium in the postwar U.S. economy. I develop an overlapping generations general equilibrium model with endogenous discrete schooling choice. The production technology fe...
متن کاملSkill-Biased Structural Change∗
We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand for skilled labor. We develop a two-sector model of this process and use it to assess the contributi...
متن کاملSkill Premium in Chile: Studying the Skill Bias Technical Change Hypothesis in the South∗
The evolution of the skill premium (i.e., the wage differential between skilled and unskilled workers) has interest from at least two perspectives: it is a rough measure of inequality among workers of different qualifications and provides information on the characteristics of the development process of the economy. In this paper, I investigate empirically the evolution of the skill premium in C...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2019
ISSN: 1945-7707,1945-7715
DOI: 10.1257/mac.20170434