Working Paper

Explaining Intra- and Intersectoral Wage Differentials in Simple General Equilibrium Trade Models

Authors

  • Spatz
  • J.
Publication Date

The labour markets in the developed countries have experienced two fundamental changes in recent years. Firstly, high-skilled workers have gained at the expense of low-skilled workers, which manifests itself in a rising skill premium and/or a rising dispa

Info

JEL Classification
F11, J31

Key Words

  • Handel
  • income distribution
  • insider-outsider model
  • real rigidities
  • trade