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U.S. Wage Trends in the 1980s: The Role of International Factors
January 1995Volume 1, Number 1
JEL classification: J31, F11
Author: Robert Z. Lawrence
International trade has had some impact on relative industry wages, but cannot explain widening wage differentials by education, skill, or occupation. Likewise, the slow growth of average wages during the 1980s cannot be explained by international trade.