Arbeitspapier
International trade and polarization in the labor market
The paper builds an argument that international trade can be one explanation behind polarization of employment in the labor market observed in developed countries such as U.K. and U.S. It considers a small open economy, having production sectors which use three types of labor: high-skill, middle-skill and low-skill. The economy faces an increase in the relative price of the high-skill intensive sector. Using decision rules for choosing middle-skill and low-skill education, it is shown that such a terms of trade shock can lead to higher shares of high-skill as well as low-skill workers in the total workforce. The effects off-shoring on wages and job composition are also studied. That of low-skill and high-skill tasks, not middle-skill tasks, is shown to contribute towards polarization in job composition.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economics Discussion Papers ; No. 2011-48
- Klassifikation
-
Wirtschaft
Trade and Labor Market Interactions
Labor Force and Employment, Size, and Structure
- Thema
-
polarization in labor markets
hollowing out
skill biased technical change
terms of trade
off-shoring
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Das, Satya P.
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Das, Satya P.
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2011
Ähnliche Objekte (12)
Income-driven labor-market polarization
Labor-market polarization over the business cycle
Labor market polarization over the business cycle
Labor market polarization and international macroeconomic dynamics
Offshoring, low-skilled immigration, and labor market polarization
Trade-Induced Skill Polarization
Trade Reform and Labor Market Dynamics
International Trade and Labor Market Discrimination
Trade liberalization and labor market dynamics
Globalization, trade imbalances, and labor market adjustment
Automation and labor market polarization in an evolutionary model with heterogeneous workers
The labor market effects of trade union heterogeneity
Income-driven labor-market polarization
Labor-market polarization over the business cycle
Labor market polarization over the business cycle
Labor market polarization and international macroeconomic dynamics
Offshoring, low-skilled immigration, and labor market polarization
Trade-Induced Skill Polarization
Trade Reform and Labor Market Dynamics
International Trade and Labor Market Discrimination
Trade liberalization and labor market dynamics
Globalization, trade imbalances, and labor market adjustment
Automation and labor market polarization in an evolutionary model with heterogeneous workers
The labor market effects of trade union heterogeneity
Income-driven labor-market polarization
Labor-market polarization over the business cycle
Labor market polarization over the business cycle
Labor market polarization and international macroeconomic dynamics
Offshoring, low-skilled immigration, and labor market polarization
Trade-Induced Skill Polarization
Trade Reform and Labor Market Dynamics
International Trade and Labor Market Discrimination
Trade liberalization and labor market dynamics
Globalization, trade imbalances, and labor market adjustment
Automation and labor market polarization in an evolutionary model with heterogeneous workers