Arbeitspapier
The changing relative price of skill-intensive goods
Based on the conceptual results of Findlay, Grubert (1959) and Krugman (2000) we analyze the movement of the relative price of skill-intensive goods under skill-biased technological change and the countervailing effect of increasing world-wide supply of low-skilled-labor. While the labor supply effect has become more important in the last two decades, we show that the distinction between large and small technological progress is crucially important for analyzing the changing pattern of relative price developments.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Advanced Studies Working Papers ; No. 433
- Klassifikation
-
Wirtschaft
Neoclassical Models of Trade
Empirical Studies of Trade
Trade and Labor Market Interactions
- Thema
-
skill-biased technological change
unskilled-labor supply
relative goods prices
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gäckle, Christian
Schustereder, Ingmar
Waeger, Patricia
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gäckle, Christian
- Schustereder, Ingmar
- Waeger, Patricia
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2006
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