Skill Classification and the Effects of Trade on Wage Inequality |
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| Authors: | Niven Winchester David Greenaway Geoffrey V Reed |
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| Institution: | (1) University of Otago, Dunedin, New Zealand;(2) School of Economics, University of Nottingham, University Park, Nottingham, NG7 2RD, UK |
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| Abstract: | The extent to which rising wage inequality in developed nations can be attributed to increased North-South trade has been
a contentious issue over the last 20 years. We contribute to the debate by outlining a new skill classification method and
evaluating the link between trade and wages using an economy-wide model. Our skill classification considers both academic
and vocational qualifications and uses cluster methods to group together occupations with similar skill characteristics.
JEL no. F16, J24, J31 |
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| Keywords: | Skill classification human capital trade and wages |
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