Explaining international differences in wage inequality: Skills matter

Stijn Broecke, Glenda Quintini () and Marieke Vandeweyer

Economics of Education Review, 2017, vol. 60, issue C, 112-124

Abstract: Several studies employing decomposition methods have argued that skills only play a minor role in explaining cross-country differences in wage inequality. In this paper, we build upon the work of Leuven, Oosterbeek and van Ophem (2004) and extend the decomposition analysis to take account of the relative demand for, and supply of, skills. Doing this confirms that skills do matter and are likely to be at least as important as labour market institutions in explaining international differences in wage inequality.

Keywords: Inequality; Skills; Collective bargaining; Minimum wage (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0272775717301784
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:60:y:2017:i:c:p:112-124

DOI: 10.1016/j.econedurev.2017.08.005

Access Statistics for this article

Economics of Education Review is currently edited by E. Cohn

More articles in Economics of Education Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().