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Trade, Technology and U.K. Wage Inequality Author info | Abstract | Publisher info | Download info | Related research | Statistics Jonathan Haskel
Matthew J. Slaughter
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The U.K. skill premium fell from the 1950s to the late 1970s and then rose very sharply. This paper examines the contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in product prices and technical change as TFP growth. Then we relate price and TFP changes to a set of underlying factors. Among a number of results, we find that changes in prices, not TFP, were the major force behind the rise in inequality in the 1980s. We also find that although increased trade pressure has raised technical change, its effect on wage inequality was not quantitatively significant.
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Date of creation: Feb 1999Date of revision:
Publication status: published as Haskel, Jonathan and Matthew J. Slaughter. "Teade, Technology And U.K. Wage Inequality," Economic Journal, 2001, v111(468,Jan), 163-187.Handle: RePEc:nbr:nberwo:6978Note: ITIContact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A. Phone: 617-868-3900 Email: Web page: http://www.nber.org More information through EDIRC
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Find related papers by JEL classification: F1 - International Economics - - Trade J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
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