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Sector-specific factors and the trade and wages debate
I outline the potential implications of sectoral factor immobility for the debate on the effects of low-wage competition on wage inequality in advanced countries. In theory, the presence of sector-specific factors serves to damp the magnification effect of World traded prices upon relative wages, by...
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| Format: | Default Preprint |
| Published: |
2008
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| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/4202 |
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