Does Globalization Lower Wages and Export Jobs?

By Matthew J. Slaughter, Phillip L Swagel

September 29, 1997

Preview Citation

Format: Chicago

Matthew J. Slaughter, and Phillip L Swagel. Does Globalization Lower Wages and Export Jobs?, (USA: International Monetary Fund, 1997) accessed October 10, 2024

Summary

Increased globalization - the international integration of markets for goods, technology, labor, and capital - has coincided in the past 20 years with a shift in demand from less-skilled workers to those with more skills. Have imports from developing countries been responsible for the lowered wages of the unskilled, increased unemployment, and widened income inequality in the more advanced countries? This paper finds that a more important influence on labor markets during these years has been a technology-driven shift in labor demand.

Subject: Imports, Income inequality, International trade, Labor, Labor markets, National accounts, Wages

Keywords: Earnings of male, EI, Global, Growth effect, Imports, Income inequality, Labor markets, Nature of wage, Unskilled wage, Wage convergence, Wage inequality, Wages

Publication Details

Pages:

15
Volume:

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DOI:

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Issue:

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Series:

Economic Issues No. 1997/007
Stock No:

EIIEA0111996
ISBN:

9781557756794
ISSN:

1020-5098

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