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- W3143672694 abstract "This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed through to final product prices roughly in proportion to their factor shares. Second, product prices have grown relatively less in sectors that more intensively utilize less-skilled labor. The latter finding is consistent with the Stolper-Samuelson theory of expanded trade with countries that are abundant in less-skilled workers, as well as with some models of technological change." @default.
- W3143672694 created "2021-04-13" @default.
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- W3143672694 date "1997-01-01" @default.
- W3143672694 modified "2023-09-24" @default.
- W3143672694 title "Labor Market Shifts and the Price Puzzle Revisited" @default.
- W3143672694 hasPublicationYear "1997" @default.
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