Year: 2001
Type: article
Abstract: The growth of wage inequality, and increasing employment problems for the unskilled, have been a major cause for concern in OECD countries.A cross-country review of the wage dispersion data shows that widely cited figures for men exaggerate the rise in wage inequa lity in the whole labour force, that most of the increased wage inequality has taken place in the top half of the distribution and that there was no general increase in wage dispersion in the lower half of the distribution in the 1980s and 1990s.By contrast, detailed data from national labour force surveys, reveals a widespread tendency for the employment rates of the least qualified to decline since 1980 relative to those of the more qualified.Contrary to what is widely believed, countries where the relative wages of those at the bottom have fared worst have not shown the most favourable employment trends. 1
Author: Andrew Glyn
Institution: University of Oxford
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1996897968