Wage Inequality in the United Kingdom, 1975–99
Eswar Prasad
No 2002/042, IMF Working Papers from International Monetary Fund
Abstract:
This paper provides evidence that cross-sectional wage inequality in the U.K. rose sharply in the 1980s, continued to rise moderately through the mid-1990s and has remained essentially unchanged since then. As in the U.S., increases in within-group inequality account for a substantial fraction of the rise in wage dispersion during 1975-99. Compositional shifts in the occupational and industry structures of aggregate employment are also shown to have had important effects on the evolution of wage inequality. The convergence of the wage distributions for men and women has, however, had a stabilizing effect on the overall wage distribution.
Keywords: WP; wage inequality; wage distribution; gender wage gap; log wage; wage dispersion; wage residual; wage and earnings distribution; micro survey data; between- and within-group inequality; composition effects; wage growth; wage variable; Income inequality; Wages; Employment; Wage adjustments; Women; Europe (search for similar items in EconPapers)
Pages: 30
Date: 2002-02-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=15616 (application/pdf)
Related works:
Journal Article: Wage Inequality in the United Kingdom, 1975-99 (2002) 
Working Paper: Wage Inequality in the United Kingdom, 1975-99 (2002) 
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:imf:imfwpa:2002/042
Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm
Access Statistics for this paper
More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().