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This paper investigates international differences in wage inequality and skills and whether a compressed wage distribution is associated with high unemployment across core OECD countries. Wage dispersion and wage structure are widely debated among policymakers; compressed wage structure is often...
Persistent link: https://www.econbiz.de/10011661408
What explains the large cross-country variation in the wage premium for higher education? Economic analyses of wage differentials by education point to technological change and globalisation, but we know little about the impact of different types of public policies. We argue that public...
Persistent link: https://www.econbiz.de/10011870140
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10011336875
Human capital models imply that both the distribution of education and returns to education affect earnings inequality. Decomposition of these 'quantity' and 'price' components have been important in understanding changes in earnings inequality in developed and developing countries. This paper...
Persistent link: https://www.econbiz.de/10010528646
This paper studies the impact of different levels of education, religion, caste as well as the impact of living in urban and rural communities on earnings in India. Besides these conventional stratification, yet another academic caste which influence earnings-the English language ability, is...
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