Mind the Gap, Please: The Changing Nature of Entry Jobs in Britain
We examine wages in jobs taken by those out of work--entry jobs--and the characteristics of the individuals who fill them. There are large entry wage gaps relative to other jobs. More importantly, real entry wages have fallen by around 20 log points relative to all other jobs since 1979. One-quarter of this decline is accounted for by differences in individual and job characteristics and around 40% from an unexplained fall in the position of entry jobs in the wage distribution. That entry wages differ from the stock of all wages should be incorporated into labour supply modelling. Copyright 2000 by The London School of Economics and Political Science
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Volume (Year): 67 (2000)
Issue (Month): 268 (November)
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