Economics at your fingertips  

The Assessment: Unemployment and Inequality

Andrew Glyn

Oxford Review of Economic Policy, 1995, vol. 11, issue 1, 1-25

Abstract: The rise in unemployment in OECD economies is considered in the context of the changing patterns of labour demand and supply since 1973. The deteriorating position of the least qualified is highlighted with an index which combines both their employment and earnings experience; the importance of including labour market withdrawal as well as registered unemployment is documented. Falling wages for the least qualified was neither a necessary nor sufficient condition for their employment opportunities to be maintained in the 1980s. Explanations for the deterioration in the relative position of the less skilled are reviewed, distinguishing between approaches which see technological and structural changes as responsible and those stressing the differential impact of reduced aggregated demand. Policies to improve employment prospects for the least qualified are discussed with emphasis on their distributional impacts. Copyright 1995 by Oxford University Press.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:

Access Statistics for this article

Oxford Review of Economic Policy is currently edited by C. Allsopp

More articles in Oxford Review of Economic Policy from Oxford University Press
Bibliographic data for series maintained by Oxford University Press () and Christopher F. Baum ().

Page updated 2022-01-17
Handle: RePEc:oup:oxford:v:11:y:1995:i:1:p:1-25