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Since the early 1980s, the US 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 labour 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 US wages. This volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labour market.
Robert C. Feenstra is associate professor of economics at the University of California at Davis and is coeditor of the "Journal for International Economics."
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Hardcover. Zustand: As New. As New! Sharp corners, copy crisp and clean. Ships immediately!Previous owner's name scratched out on the front end paper.We are a small, independent bookshop dedicated to providing fine used books. Bestandsnummer des Verkäufers 289
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Paperback. Zustand: Very Good. Since the early 1980s, the US 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 labour 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 US wages. This volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labour market. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Bestandsnummer des Verkäufers GOR012448057
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