TY  - BOOK
AU  - Wolf-Heimo Grieben
PY  - 2021
CY  - Berlin, Germany
PB  - Peter Lang Verlag
TI  - Trade and Technology as Competing Explanations for Rising Inequality
T2  - An Endogenous Growth Perspective
UR  - https://www.peterlang.com/document/1095732
N2  - Since the late 1970s, wage inequality between skilled and unskilled workers has risen significantly in most OECD countries. This study thoroughly discusses and evaluates the three dominant approaches to explain this finding: trade liberalization towards developing countries, skill-biased technical change, and trade-induced skill-biased technical change. In particular, the author develops a two-country North-South Schumpeterian growth model without scale effects, and analyzes general equilibrium effects of trade, education and labor market policies. Moreover, this framework is also used to analyze whether rising low-skilled unemployment in Europe is just the flip side of the coin of rising wage inequality in the US.
KW  - Außenhandel, Lohndisparität, Technologische Lücke, Einkommensdisparität, Arbeitsmarktsegmentierung, Arbeitslosigkeit, Wachstumstheorie, technischer Fortschritt, OECD, Endogenes Wirtschaftswachstum
LA  - English
ER  -