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Causes of changing earnings inequality

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  • Dennis J. Snower

Abstract

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally, it considers the implications of organizational change as a possible rationale for recent inequality developments.

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Bibliographic Info

Article provided by Federal Reserve Bank of Kansas City in its journal Proceedings - Economic Policy Symposium - Jackson Hole.

Volume (Year): (1998)
Issue (Month): ()
Pages: 69-133

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Handle: RePEc:fip:fedkpr:y:1998:p:69-133

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Keywords: Wages ; Income distribution;

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