Can Labour Supply Explain the Rise in Unemployment and Inter-Group Wage Inequality in the OECD?

Etienne Wasmer

Working Papers from Stockholm - International Economic Studies

Abstract: This paper investigates the consequences of labour supply changes in the OECD countries in the last decades. It is argued that changes in supply cannot be thought as homogenous: these changes involve more young and more adult female workers, that are complement with skilled men and substitute with low-wage groups (young, unskilled). Logically, these labour supply trends since the 50's increased competition between women, the young workers and the low skilled workers in some segments of the labour force.

Keywords: LABOUR SUPPLY; WAGES; UNEMPLOYMENT (search for similar items in EconPapers)
JEL-codes: J21 J23 J24 (search for similar items in EconPapers)
Pages: 54 pages
Date: 1997
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Working Paper: Can Labour Supply Explain the Rise in Unemployment and Intergroup Wage Inequality in the OECD? (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:stocin:629

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