Trade and wages: leveling wages down?

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Labor market dynamics and wage inequality Historical Economic and Social Studies Global trade and economics

Abstract

Describes wage trends, analyzes the implications of trade theory, and examines whether the evidence supports a causal relationship between trade and wages. There has been little increase in real hourly pay since the early 1970s, and an increasing gap between the wages of the skilled and unskilled.

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1995Growing World Trade: Causes and Consequences 2003Patterns of Skill Premia 2008Global Production Sharing and Rising Inequality: A Survey of Trade and Wages 2011Who produces for whom in the world economy?2001Global Production Sharing and Rising Inequality: A Survey of Trade and Wages 1995International Trade and the Rise in Earnings Inequality 1996Evidence on Trade and Wages in the Developing World 1997Globalization and deindustrialization: Myth and reality in the OECD

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