Globalization, Technical Change, and the Skill Premium : Magnification Effects from Human-Capital Investments

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dc.contributor.authorMeckl, Jürgen
dc.contributor.authorWeigert, Benjamindeu
dc.date.accessioned2011-03-25T09:42:27Zdeu
dc.date.available2011-03-25T09:42:27Zdeu
dc.date.issued2003deu
dc.description.abstractThis paper shows that endogenous adjustments in the composition of labor supplies magnify the effects of changes in commodity prices on the measured skill premium under quite plausible conditions. These composition effects arise from decisions of individuals with heterogeneous inherent abilities about acquiring human capital. They reinforce the well-known Stolper-Samuelson effect on the measured skill premium in countries with a sufficiently high relative supply of skilled labor, but compensate them otherwise. As a result, the model can account for the observation of a worldwide increase in the skill premium during the last two decades.eng
dc.description.versionpublished
dc.format.mimetypeapplication/pdfdeu
dc.identifier.ppn105473332deu
dc.identifier.urihttp://kops.uni-konstanz.de/handle/123456789/12066
dc.language.isoengdeu
dc.legacy.dateIssued2003deu
dc.relation.ispartofseriesDiskussionspapiere der DFG-Forschergruppe Heterogene Arbeit
dc.rightsterms-of-usedeu
dc.rights.urihttps://rightsstatements.org/page/InC/1.0/deu
dc.subjectLohndifferenzierungdeu
dc.subjectGlobalisierungdeu
dc.subjectTechnischer Fortschrittdeu
dc.subjectWage inequalitydeu
dc.subjectglobalizationdeu
dc.subjecttechnical changedeu
dc.subject.ddc330deu
dc.subject.gndLohndifferenzierungdeu
dc.subject.gndGlobalisierungdeu
dc.subject.gndTechnischer Fortschrittdeu
dc.subject.jelJ31deu
dc.titleGlobalization, Technical Change, and the Skill Premium : Magnification Effects from Human-Capital Investmentseng
dc.typeWORKINGPAPERdeu
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kops.citation.bibtex
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  year={2003},
  series={Diskussionspapiere der DFG-Forschergruppe Heterogene Arbeit},
  title={Globalization, Technical Change, and the Skill Premium : Magnification Effects from Human-Capital Investments},
  number={03/04},
  author={Meckl, Jürgen and Weigert, Benjamin}
}
kops.citation.iso690MECKL, Jürgen, Benjamin WEIGERT, 2003. Globalization, Technical Change, and the Skill Premium : Magnification Effects from Human-Capital Investmentsdeu
kops.citation.iso690MECKL, Jürgen, Benjamin WEIGERT, 2003. Globalization, Technical Change, and the Skill Premium : Magnification Effects from Human-Capital Investmentseng
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