Changes in UK Wage Inequality Over the Last Forty Years
Changes in UK Wage Inequality Over the Last Forty Years
复制标题
过去四十年英国工资不平等的变化
DOI:
10.1093/acprof:osobl/9780199587377.003.0012
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发表时间:
2011
期刊:
影响因子:
--
通讯作者:
S. Machin
中科院分区:
文献类型:
--
作者:
S. Machin
Key findings Wage inequality has risen significantly in the UK since the late 1970s. The most rapid widening out of the gap between high and low paid workers occurred in the 1980s, where earnings gaps widened throughout the distribution. In the 1990s, changes were more muted, but wage gaps continued to rise. In the 2000s, a rather different picture emerged, with upper tail wage inequality continuing to rise, but lower tail wage inequality stagnating. The standard supply-demand model of the labour market is relatively successful in accounting for some, but not all, of these observed changes. In addition in the 2000s, the national minimum wage is likely to have contributed to the stagnancy of lower tail wage inequality.