DP2476 The Trade and Labour Approaches to Wage Inequality
|Publication Date:||June 2000|
|Keyword(s):||Stolper-Samuelson Effects, Technical change, Wage Inequality|
|JEL(s):||F16, J31, O33|
|Programme Areas:||International Macroeconomics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=2476|
We compare the trade and labour approaches to wage inequality. We first look at the theoretical differences, stressing the different roles ascribed to sector and factor bias, labour supply and the theory of technical change in trade models with endogenous prices. We then briefly review some of the evidence on the sector bias of prices and technology.