trade and wages

Feature image for “Trade and Wages,” showing skill-biased technical change and trade with low-wage economies as two unequal forces behind the skilled-unskilled wage gap.

International Trade and Economics

Trade and Wages for Skilled and Unskilled: Textbook Defied

How trade and wages for skilled and unskilled workers diverged from textbook predictions, why the skill premium rose, and what...

May 28, 2026