Non-Traded Goods, Technical Progress and Real Wages
Document Type
Article
Journal/Book Title/Conference
Open Economies Review
Volume
19
Publication Date
2008
First Page
507
Last Page
515
Abstract
We use a general equilibrium model of trade to show that technical improvement may indeed cause a fall in the wages of unskilled workers. Under some modest conditions, the wages of skilled workers may go down too.
Recommended Citation
“Non-traded Goods, Technical Progress and Real Wages,” (with H. Beladi), Open Economies Review 19, 2008: 507-515.
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