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dc.contributor.authorDas, Satya P.en_US
dc.date.accessioned2012-04-03en_US
dc.date.accessioned2012-04-03T12:17:13Z-
dc.date.available2012-04-03T12:17:13Z-
dc.date.issued2012en_US
dc.identifier.citationEconomics: The Open-Access, Open-Assessment E-Journal 6 2012-6 1-44en_US
dc.identifier.pidoi:10.5018/economics-ejournal.ja.2012-6en_US
dc.identifier.urihttp://hdl.handle.net/10419/56494-
dc.description.abstractThe paper builds an argument that international trade can be an explanation behind polarization of employment in the labor market observed in developed countries such as UK and US It considers a small open economy, having production sectors which use three types of labor: high-skill, middle-skill and low-skill. The economy faces an increase in the relative price of the high-skill intensive sector. Using decision rules for choosing high-skill, middleskill and low-skill education, it is shown that such a terms-of- trade shock can lead to polarization: shrinkage of middle-skill jobs, combined with higher shares of high-skill as well as low-skill workers in the total workforce. The effects of off-shoring on wages and job composition are also studied. Off-shoring of low-skill and high-skill tasks, not middle-skill tasks, is shown to contribute towards polarization in job composition.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesEconomics 2012-6en_US
dc.subject.jelF16en_US
dc.subject.jelJ21en_US
dc.subject.ddc330en_US
dc.subject.keywordpolarization in labor marketsen_US
dc.subject.keywordhollowing outen_US
dc.subject.keywordwage inequalityen_US
dc.subject.keywordskill biased technical changeen_US
dc.subject.keywordterms of tradeen_US
dc.subject.keywordoff-shoringen_US
dc.titleInternational trade and polarization in the labor marketen_US
dc.typeArticleen_US
dc.identifier.ppn689588836en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen_US
dc.identifier.repecRePEc:zbw:ifweej:20126-
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Journal Articles

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