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The Effect of Globilization on Wages in the Advanced Economies [electronic resource]

Author
Swagel, Phillip
Published
Washington : International Monetary Fund April 1997
Additional Creators
Slaughter, Matthew J.
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Summary
Annotation This paper examines the effect of globalization on labor markets in the advanced economies, focusing particularly on the claim that increased economic integration has widened the gap between the wages of more skilled and less skilled workers. the broad consensus of research is that globalization, both in terms of increased trade as well as increased capital mobility and foreign direct investment, has had only a modest effect on wages. Instead, changes in technology have led to a pervasive shift in demand for labor that has favored skilled workers to the detriment of less skilled workers.
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ISBN
9781451846294
1451846290 (Trade Paper)
View MARC record | catkey: 31837927