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dc.contributor.authorMeckl, Jürgenen
dc.date.accessioned2006-02-07-
dc.date.accessioned2010-07-07T09:11:13Z-
dc.date.available2010-07-07T09:11:13Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1817en
dc.subject.jelF11en
dc.subject.jelJ31en
dc.subject.ddc330en
dc.subject.keywordwage rigiditiesen
dc.subject.keywordinternational tradeen
dc.subject.keywordeducationen
dc.subject.keywordskill-specific unemploymenten
dc.titleAre US wages really determined by European labor-market institutions?-
dc.type|aWorking Paperen
dc.identifier.ppn502172851en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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