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Can Labour Supply Explain the Rise in Unemployment and Inter-Group Wage Inequality in the OECD?

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Author Info
Wasmer, E.

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Abstract

This paper investigates the consequences of labour supply changes in the OECD countries in the last decades. It is argued that changes in supply cannot be thought as homogenous: these changes involve more young and more adult female workers, that are complement with skilled men and substitute with low-wage groups (young, unskilled). Logically, these labour supply trends since the 50's increased competition between women, the young workers and the low skilled workers in some segments of the labour force.

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Publisher Info
Paper provided by Stockholm - International Economic Studies in its series Papers with number 629.

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Length: 54 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:stocin:629

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Related research
Keywords: LABOUR SUPPLY ; WAGES ; UNEMPLOYMENT;

Other versions of this item:

Find related papers by JEL classification:
J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Richard Jackman & Richard Layard & Stephen Nickell, 1996. "Combatting Unemployment: Is Flexibility Enough?," CEP Discussion Papers dp0293, Centre for Economic Performance, LSE. [Downloadable!]
  2. Clark, Kim B & Summers, Lawrence H, 1982. "Labour Force Participation: Timing and Persistence," Review of Economic Studies, Blackwell Publishing, vol. 49(5), pages 825-44, Special I. [Downloadable!] (restricted)
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This page was last updated on 2009-12-16.


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