The internationalization of the U.S. labor market and the wage structure
Abstract: The increasing internationalization of the U.S. labor market has had important effects on the wage structure. Immigration has probably increased wage inequality because recent immigrant waves tend to be less skilled than earlier waves. Growing trade deficits in durable goods have also increased wage inequality by reducing the relatively high wages of less-skilled workers in these industries and by displacing workers from them.
File(s): File format is text/html https://www.newyorkfed.org/medialibrary/media/research/epr/95v01n1/9501borj.html
File(s): File format is application/pdf https://www.newyorkfed.org/medialibrary/media/research/epr/95v01n1/9501borj.pdf
Provider: Federal Reserve Bank of New York
Part of Series: Economic Policy Review
Order Number: v. 1. no. 1