Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/328818 
Year of Publication: 
2023
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 11 [Issue:] 7 [Article No.:] 193 [Year:] 2023 [Pages:] 1-22
Publisher: 
MDPI, Basel
Abstract: 
In recent decades, the wage gap between higher- and lower-skilled workers has steadily widened around the world, and this gap is widening. There are several approaches in the literature to understand the causes of this steady increase, with Skill-Biased Technological Change (SBTC) being the most used and the results more consistent. This paper aims to deepen the understanding of this wage gap among workers in Organisation for Economic Cooperation and Development (OECD) countries, using cluster analysis and then modeling through simultaneous equations for the period between 2007 and 2020. Albeit with varying intensity, we conclude that in all clusters, there is a strong influence of the wage gap of the less skilled on the widening of the wage gap of the more skilled, with this influence being even more intense in the case of women. The SBTC approach can also be detected in all clusters but with greater intensity in the case of countries that invest more in research and development (R&D). Education spending and gross domestic product (GDP) per capita also play a role in widening the wage gap as well as in reducing gender inequalities. We also conclude that each cluster has its specificities that justify the choice made and that a slow reduction in gender wage inequality is observed in all clusters.
Subjects: 
skill-biased technological change
gender wage inequality
education
cluster analysis
JEL: 
C30
E24
J31
O33
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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