Does Globalization Lower Wages and Export Jobs?

Economic Issues, September 29, 1997

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Bibliographic details

• Authors: Matthew J. Slaughter, Phillip L Swagel
• Published: September 29, 1997
• Series: Economic Issues
• DOI: https://doi.org/10.5089/9781557756794.051

Authors and publication

• By Matthew J. Slaughter, Phillip L Swagel
• September 29, 1997

Central question and context

• 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.
• The paper asks: 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?

Key findings

• A more important influence on labor markets during these years has been a technology-driven shift in labor demand.
• The timing: the observed shift in labor demand occurred over the past 20 years mentioned in the study.

Subject classifications and keywords

• 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

International Monetary Fund — Does Globalization Lower Wages and Export Jobs? (Matthew J. Slaughter; Phillip L Swagel), September 29, 1997.