Global innovation races, offshoring and wage inequality

In the 1970s and 1980s the US position as the global technological leader was increasingly challenged by Japan and Europe. In those years the US skill premium and residual wage inequality increased substantially. This paper presents a two-region, quality-ladder growth model where the lagging economy...

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Bibliographic Details
Main Author: Impullitti, Giammario
Format: Article
Published: Wiley 2016
Online Access:https://eprints.nottingham.ac.uk/34141/