Arbeitspapier
Trade, Wage Gaps, and Specific Human Capital Accumulation
We develop a new framework for the analysis of the impact of trade liberalization on the wage structure. Our model focuses on the decision of workers to accumulate firm-specific skills, by on-the-job training, knowing that this means their future wages will have to be negotiated, and that the outcome of negotiation will depend on the profitability prospect of firms operating in a new trading environment. We show that trade liberalization may reduce the welfare of a developing country because of its adverse effect on skill accumulation. We also explore the effects of trade liberalization on the wage gap between skilled and unskilled workers.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 911
- Klassifikation
-
Wirtschaft
- Thema
-
wage gap
human capital
trade liberalization
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Long, Ngo Van
Riezman, Raymond
Soubeyran, Antoine
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Long, Ngo Van
- Riezman, Raymond
- Soubeyran, Antoine
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2003