The Impact of International Trade on Wages

The Impact of International Trade on Wages
Author: Robert C. Feenstra
Publisher: University of Chicago Press
Total Pages: 420
Release: 2008-04-15
Genre: Political Science
ISBN: 0226239640

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.

Revisiting the Informal Sector

Revisiting the Informal Sector
Author: Sarbajit Chaudhuri
Publisher: Springer Science & Business Media
Total Pages: 246
Release: 2009-10-15
Genre: Business & Economics
ISBN: 1441911944

This book provides insight into the diverse aspects of the informal sector, its role in the context of unemployment, child labor, globalization and environment, as well as its multi-faceted interaction with the other sectors of the economy.

Persistent Inequalities

Persistent Inequalities
Author: Howard Botwinick
Publisher: BRILL
Total Pages: 386
Release: 2017-11-20
Genre: Political Science
ISBN: 9004269592

Economists generally assume that wage differentials among similar workers will only endure when competition in the capital and/or labor market is restricted. In contrast, Howard Botwinick uses a classical Marxist analysis of real capitalist competition to show that substantial patterns of wage disparity can persist despite high levels of competition. Indeed, the author provocatively argues that competition and technical change often militate against wage equalization. In addition to providing the basis for a more unified analysis of race and gender inequality within labor markets, Botwinick’s work has important implications for contemporary union strategies. Going against mainstream proponents of labor-management cooperation, the author calls for militant union organization that can once again take wages and working conditions out of capitalist competition. This revised edition was originally published under the same title in 1993 by Princeton University Press.

The Wage Curve

The Wage Curve
Author: David G. Blanchflower
Publisher: MIT Press
Total Pages: 504
Release: 1994
Genre: Business & Economics
ISBN: 9780262023757

The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.

Unfinished Reforms In The Chinese Economy

Unfinished Reforms In The Chinese Economy
Author: Jun Zhang
Publisher: World Scientific
Total Pages: 521
Release: 2013-05-06
Genre: Business & Economics
ISBN: 9814434027

China has quickly moved into a critical point in the sense that its past performance in economic growth and development has created so many unsolved problems, and for such problems to be addressed, a better understanding of these problems and a clear policy framework are required for policy makers to conduct reforms. Based on high-level empirical research on China's economic development by each of the contributors, this edited book provides an in-depth and clear analysis of many of important issues facing China's move to new phase of economic development and transformation, and discusses policy issues involved in further reforms.

Handbook of Labor Economics

Handbook of Labor Economics
Author: Orley Ashenfelter
Publisher: Elsevier
Total Pages: 800
Release: 1999-11-18
Genre: Business & Economics
ISBN: 9780444501899

A guide to the continually evolving field of labour economics.

Unemployment, Market Structure and Growth

Unemployment, Market Structure and Growth
Author: Rüdiger Wapler
Publisher: Springer Science & Business Media
Total Pages: 246
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642558933

In his Ph. D. thesis, Rudiger Wapler analyses the causes of the persistently high unemployment rates especially in continental Europe. Particular emphasis is placed on imperfect labour and product markets on the one hand, and on the numerous links between unemployment, innovations and growth on the other. Hence, Rudiger Wapler provides an important contribution towards a better understanding of both the development of labour markets as well as the dynamics of growth. To aid readers with only little prior knowledge of labour markets, the book presents the most common theories of unemployment: (1) trade-union models in which union bargaining power leads to wages above their market-clearing level, (2) efficiency-wage models in which employers voluntarily pay higher wages in order to motivate or discipline their workers or to reduce the job turnover rate, as well as (3) matching models in which unemployment is caused by the continuous turnover of jobs and workers. In addition, emphasis is placed on the fact that labour needs to be treated as heterogeneous, a fact often neg lected in the literature. Subsequently, these labour-market foundations are integrated with modern theories of innovations and growth, making the ap proach much more relevant and plausible. Without doubt, the generalisations of the models performed by Rudiger Wapler show that there are limits to such formal analysis. Due to the increasing number of interdependencies, it is doubtful whether even more complex models provide additional (usable) insights.

Interregional Wage Differentials and the Effects of Regional Mobility on Earnings of Workers in G.

Interregional Wage Differentials and the Effects of Regional Mobility on Earnings of Workers in G.
Author: Florian Lehmer
Publisher: wbv Media GmbH & Company KG
Total Pages: 209
Release: 2010-05-18
Genre: Social Science
ISBN: 3763940170

Diese Dissertation untersucht, welchen Effekt die Bereitschaft von Arbeitnehmern zu räumlicher Mobilität auf die Höhe der Entlohnung hat. Nach einer Einführung über die vorhandene Literatur und den theoretischen Hintergrund der internationalen Mobilitätsforschung vergleicht der Autor die Einkommenshöhe von mobilen und ortsfesten Arbeitnehmern in Deutschland sowie die Entwicklung des Einkommens von Menschen, die innerhalb einer Region den Arbeitsplatz wechseln. Weitere Untersuchungen widmen sich den Fragen, welchen Einfluss das Geschlecht, die Firmengröße oder die Bevölkerungsdichte der Region auf die Einkommenshöhe haben. Die Arbeit ist die erste umfassende Studie zu den Lohneffekten räumlicher Mobilität in Deutschland. Publikationssprache: Englisch