Occupational Employment and Wage Changes in the UK: Trade and Technology Effects

Anthony Courakis, Keith Maskus and Allan Webster

Chapter 8 in International Trade and Labour Markets, 1997, pp 169-202 from Palgrave Macmillan

Abstract: Abstract Recent studies, most notably of US labour markets, have identified a growing trend of inequality in both wages and employment opportunities. Less skilled, lower wage workers have experienced a decline in their relative wages at the same time that their share in total employment has also declined. More skilled, more highly paid workers have experienced more rapid growth in real wages accompanied by an increasing share of total employment. Evidence of a similar pattern of change also exists for the UK.

Keywords: Labour Market; Total Factor Productivity; Factor Price; Proportionate Change; Trade Theory (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1007/978-1-349-14577-5_8

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