Is The Unskilled Worker Problem In Developed Countries Going Away?
Edward Anderson ()
No 2001/06, Keele Department of Economics Discussion Papers (1995-2001) from Department of Economics, Keele University
Recent data suggest that the fortunes of unskilled workers in developed countries improved during the 1990s, after deteriorating significantly during the 1980s. Such a trend could be explained by a faster decline in the relative supply of unskilled labour, a slower decline in the relative demand for unskilled labour, or a shift in labour market institutions. This paper argues that the improvement almost always reflected a slower decline in relative demand. Further research will be required to discover why the decline in demand for unskilled labour decelerated.
Keywords: Wage Inequality; Human Capital. (search for similar items in EconPapers)
JEL-codes: F16 J21 J31 (search for similar items in EconPapers)
Pages: 105 pages
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