The economics profession has made considerable progress in understanding the increase in wage inequality in the U ….S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased … much less, in (continental) Europe over the same time period. I review the two most popular explanations for these …

This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns … increase in inequality is most likely due to an acceleration in skill bias. In contrast to twentieth century developments, most …