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http://hdl.handle.net/10419/21431
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| Title: | | Wage Inequality in the United Kingdom, 1975-99  |
| Authors: | | Prasad, Eswar S. |
| Issue Date: | | 2002 |
| Series/Report no.: | | IZA Discussion paper series 510 |
| Abstract: | | This paper uses micro data from the New Earnings Survey to document that cross-sectional wage inequality in the U.K., which rose sharply in the 1980s and continued to rise moderately through the mid-1990s, has remained essentially unchanged in the latter half of the 1990s. As in the U.S., changes in within-group inequality are shown to account for a substantial fraction of the rise in wage dispersion that has occurred over the last 25 years. However, shifts in the structure of employment – including changes in the occupational and industrial composition of aggregate employment – are also shown to have had important effects on the evolution of wage inequality. In addition, there has been a significant convergence of the wage distributions for men and women; this has had a stabilizing effect on the overall wage distribution. |
| Subjects: | | cross-sectional wage inequality micro survey data between- and within-group inequality composition effects |
| JEL: | | E24 J31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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