Foreign Competition , Market Power , and Wage Inequality *

@inproceedings{Borjas2010ForeignC,
  title={Foreign Competition , Market Power , and Wage Inequality *},
  author={George J. Borjas and VALERIE A. RAMEY},
  year={2010}
}
This paper investigates the link between the trend in the returns to education and foreign competition in concentrated industries. We argue that the impact of foreign competition on the relative wages of less skilled workers depends on the market structure of the industry penetrated. The empirical evidence indicates that employment changes in a small group… CONTINUE READING