Trade, education, and the shrinking middle class.

Autor/inn/en	Blanchard, Emily; Willmann, Gerald
Institution	CESifo GmbH
Titel	Trade, education, and the shrinking middle class. Gefälligkeitsübersetzung: Handel, Bildung und der schrumpfende Mittelstand.
Quelle	München (2013), 40 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CESifo working paper. 4141
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildung; Mittelschicht; Bildungspolitik; Außenhandel; Beschäftigungseffekt; Einkommensverteilung; Globalisierung; Handelspolitik; Humankapitaltheorie; Investition; Subventionspolitik; Verteilungseffekt; Wettbewerbsbedingung; Arbeitskräftebedarf; Qualifikationsstruktur; Auswirkung; Liberalisierung; Institution
Abstract	We develop a new model of trade in which educational institutions drive comparative advantage and determine the distribution of human capital within and across countries. Our framework exploits a multiplicity of sectors and the continuous support of human capital choices to demonstrate that freer trade can induce crowding out of the middle occupations towards the skill acquisition extremes in one country, and simultaneous expansion of middle-income industries in another. Individual gains from trade may be non-monotonic in workers' ability, and middle ability agents can lose the most from trade liberalization. Comparing trade and education policy, we find that targeted education subsidies are more effective than tariffs as a means to preserve 'middle class' jobs, while uniform educational subsidies have no effect. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2014/1