A Noteon Terms of Trade Shocks and the Wage Gap

A Noteon Terms of Trade Shocks and the Wage Gap
Using Chilean data, we document that for resource-rich small open economies the effects of terms of trade shocks on the wage gap (between skilled and unskilled workers) depend on factor intensities in the non-tradable sector, following the model in Galiani, Heymann, and Magud (2010). For a skilled-intensive non-tradable sector we show that... READ MORE...

Publication date: December 2010
ISBN 9781455210862
$18.00

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