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| Title: | | Institutional failure and the American worker: The collapse of low-skill wages  |
| Authors: | | Howell, David R. |
| Issue Date: | | 1997 |
| Series/Report no.: | | Public policy brief // Jerome Levy Economics Institute of Bard College 29 |
| Abstract: | | David R. Howell argues that the collapse of low-skill wages in the United States cannot be explained by a skill mismatch resulting from a technology-driven decline in the demand for low-skill labor. He presents evidence refuting the prevailing belief that a substantial shift in demand away from low-skill work characterized the 1980s. Howell asserts that a more compelling explanation for the growing wage gap can be found in fundamental changes in the institutions, practices, and norms that determine labor market outcomes - a return to a confrontational attitude toward labor by management, a shift to a laissez-faire approach to regulatory and redistributive functions by government, and management's adoption of low-road strategies to cut labor costs in response to competitive pressures. |
| ISBN: | | 0941276228 |
| Document Type: | | Research Report |
| Appears in Collections: | | Public Policy Briefs, Levy Economics Institute of Bard College
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