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Article: Wage inequality in the United Kingdom, 1975-99.
- Article from:
- IMF Staff Papers
- Article date:
- September 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 International Monetary Fund. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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U.K. cross-sectional wage inequality 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 the period 197S-99. Compositional shifts in the occupational and industry structures of aggregate employment also 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. [JEL J31, E24]
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