DP2476 The Trade and Labour Approaches to Wage Inequality

Author(s): Jonathan Haskel
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.