NBER Publications by Hans Fehr
Working Papers and Chapters
| December 2008 | Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers
with Sabine Jokisch, Laurence J. Kotlikoff: w14527
Will incomes of low and high skilled workers continue to diverge? Yes says our paper's dynamic, six-good, five-region -- U.S., Europe, N.E. Asia (Japan, Korea, Taiwan, Hong Kong), China, and India -- general equilibrium, life-cycle model.
The model predicts a near doubling of the ratio of high- to low-skilled wages over the century. Increasing wage inequality arises from a traditional source -- a rising worldwide relative supply of unskilled labor, reflecting Chinese and Indian productivity improvements. But China's and India's education policies matter. If successive Chinese and Indian cohorts become more skilled, major exacerbation of inequality will be precluded. |
| January 1999 | Generational Accounting in General Equilibrium
with Laurence J. Kotlikoff, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
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| October 2007 | Will China Eat Our Lunch or Take Us to Dinner? Simulating the Transition Paths of the United States, the European Union, Japan, and China
with Sabine Jokisch, Laurence J. Kotlikoff
in Fiscal Policy and Management in East Asia, NBER-EASE, Volume 16, Takatoshi Ito and Andrew K. Rose, editors
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