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The Assessment: Globalization and Labour-Market Adjustment

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  • Greenaway, David
  • Nelson, Douglas

Abstract

Over the last two decades there has been a significant deterioration in the labour-market outcomes of less-skilled labour in most OECD countries. This has manifested itself either in terms of a decline in wages relative to the most skilled, or in terms of the relative likelihood of being in work. Much recent research has focused on the impact of trade and skill-biased technical change as alternative explanations of the phenomenon; some has also investigated the role of cross-border investment and migration. This paper reviews recent research on globalization and labour-market adjustment and sets the scene for the papers that follow. Copyright 2000 by Oxford University Press.

Suggested Citation

  • Greenaway, David & Nelson, Douglas, 2000. "The Assessment: Globalization and Labour-Market Adjustment," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 16(3), pages 1-11, Autumn.
    • Handle: RePEc:oup:oxford:v:16:y:2000:i:3:p:1-11
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    2. Winchester, Niven & Greenaway, David, 2007. "Rising wage inequality and capital-skill complementarity," Journal of Policy Modeling, Elsevier, vol. 29(1), pages 41-54.
    3. Viaene, Jean-Marie & Zilcha, Itzhak, 2013. "Public funding of higher education," Journal of Public Economics, Elsevier, vol. 108(C), pages 78-89.
    4. Paulo Bastos & Joana Silva & Rafael Proença, 2016. "Exports and Job Training," Review of International Economics, Wiley Blackwell, vol. 24(4), pages 737-756, September.
    5. Dr Kaniz Siddique, 2003. "Deceleration in the Export Sector of Bangladesh and Women Workers: Assessing Impacts and Identifying Coping Strategies," CPD Working Paper 26, Centre for Policy Dialogue (CPD).
    6. Niven Winchester, 2008. "Searching for the Smoking Gun: Did Trade Hurt Unskilled Workers?," The Economic Record, The Economic Society of Australia, vol. 84(265), pages 141-156, June.
    7. Ayodele, Olumide S. & Obafemi, Frances N., 2006. "Fiscal and Quasi-Fiscal Effects of the Parallel Exchange Premium in Nigeria," Conference papers 331503, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    8. Niven WINCHESTER & David GREENAWAY, 2010. "Capital-Skill Complementarity and Rising Wage Inequality in the UK," EcoMod2004 330600159, EcoMod.
    9. Roberto Leombruni & Roberto Quaranta, 2002. "The Unemployment Route to Versatility," LABORatorio R. Revelli Working Papers Series 16, LABORatorio R. Revelli, Centre for Employment Studies.
    10. Rod Falvey & David Greenaway & Joana Silva, 2018. "International competition, returns to skill and labour market adjustment," The World Economy, Wiley Blackwell, vol. 41(4), pages 1000-1024, April.
    11. R J R Elliott & J Lindley, 2003. "Trade, Skills and Adjustment Costs: A Study of Intra-Sectoral Labour Mobility in the UK," Economics Discussion Paper Series 0312, Economics, The University of Manchester.
    12. ParveshK. Chopra, 2022. "A Systems Model to Measure Labour Market Dynamics," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 75(4), pages 465-518.

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