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dc.contributor.authorMeckl, Jürgenen_US
dc.date.accessioned2006-02-07en_US
dc.date.accessioned2010-07-07T09:11:13Z-
dc.date.available2010-07-07T09:11:13Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/33368-
dc.description.abstractThis paper integrates institutionally determined wage rigidities into an otherwise standard Heckscher-Ohlin model of international trade. It accounts for differences in individual productivities and their implications for individual wage incomes and demand for education. Although preserving the factor-price-equalization property of the global equilibrium approach, the model does not support the view expressed by Davis (1998) that global equilibrium links insulate the US labor market from exogenous shocks. It provides a foundation of the derived from comparative studies that do not consistently account for the global general equilibrium links.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1817en_US
dc.subject.jelF11en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordwage rigiditiesen_US
dc.subject.keywordinternational tradeen_US
dc.subject.keywordeducationen_US
dc.subject.keywordskill-specific unemploymenten_US
dc.titleAre US wages really determined by European labor-market institutions?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn502172851en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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