The Evolution of Wage Differentials: A Study of British Data
G. Rottier
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G. Rottier: Institut de Science Économique Appliquée
Chapter Chapter 15 in The Theory of Wage Determination, 1957, pp 238-250 from Palgrave Macmillan
Abstract:
Abstract Wage differentials in the British economy varied widely in pre-war years while the general level of wages remained fairly stable; since 1944, however, wage differentials generally narrowed while the general level of wages was constantly rising. The latter period is also characterized by the appearance of a wage slide, that is, of a considerable divergence between the behaviour of negotiated wage rates and of effective earnings.
Keywords: Wage Rate; Wage Differential; Unit Labour Cost; Wage Structure; Average Earning (search for similar items in EconPapers)
Date: 1957
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15205-6_15
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DOI: 10.1007/978-1-349-15205-6_15
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