Inequality of Earnings

Dennis Snower

No 2321, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally, it considers the implications of organizational change as a possible rationale for recent inequality developments.

Keywords: Earnings; Education; Globalization; Income Distribution; Inequality; Labour Supply; Minimum Wage; Organizational Change; Skilled and Unskilled Workers; Technological Change; Unionization; Wage Rigidities (search for similar items in EconPapers)
JEL-codes: D23 D24 D31 D33 D63 (search for similar items in EconPapers)
Date: 1999-12
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Citations: View citations in EconPapers (36)

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