Wage inequality in the Labour years
利用微观数据研究英国工党政府时期工资不平等的变化,包括整体、上尾和下尾不平等,分析教育群体工资差异的供需驱动因素及劳动力市场制度(如工会衰落和1999年最低工资引入)的作用。
This paper studies changes in labour market inequality in the UK, with particular reference to what happened to wage inequality during the years of Labour government. The analysis uses micro-data through time to document what happened to overall wage inequality, as well as upper- and lower-tail wage inequality, relative to what went before. Simple supply and demand models of changing wage differentials by education group are used, so as to consider the drivers of relative demand shifts in favour of the more educated that underpin rising wage inequality. The changing role of labour market institutions is also discussed, and in particular the decline of unionization and the importance of the introduction of the national minimum wage in 1999 for the evolution of lower-tail wage inequality.