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Trade and Wages: A Malign Relationship?

Bhagwati, Jagdish N.

"The experience of decline in real wages of the unskilled workers
during the 1980s in the United States, and the increase instead in their
unemployment in Europe (due to the comparative inflexibility of their labour
markets vis-a-vis those of the United States)1
, has prompted a search for
possible explanations. This search has become more acute with the
evidence that the adverse trend for the unskilled has not been mitigated
during the 1990s to date."

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Academic Units
Economics
Publisher
Department of Economics, Columbia University
Series
Department of Economics Discussion Papers, 761
Published Here
March 2, 2011

Notes

October 1995

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