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What happened to the wages of men since the mid-1960s

Author

Listed:
  • Steve Machin
  • Amanda Gosling

    (Institute for Fiscal Studies and University of Essex)

Abstract

The gap between rich and poor has increased dramatically over the last 25 years and the incomes of the bottom 10 per cent were no higher in 1991 than in 1967 (see Goodman and Webb (1994b, this issue)). Wages are an important part of household income and the trends in the dispersion of wages mirror very closely the trends in the dispersion of income. Knowing the reasons for the changing structure of the wage distribution is thus crucial to an understanding of the trends in overall household income.

Suggested Citation

  • Steve Machin & Amanda Gosling, 1994. "What happened to the wages of men since the mid-1960s," Fiscal Studies, Institute for Fiscal Studies, vol. 15(4), pages 63-87, November.
    • Handle: RePEc:ifs:fistud:v:15:y:1994:i:4:p:63-87
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    File URL: http://www.ifs.org.uk/fs/articles/gosling_nov94.pdf
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    References listed on IDEAS

    as
    1. David Card, 1992. "The Effect of Unions on the Distribution of Wages: Redistribution or Relabelling?," NBER Working Papers 4195, National Bureau of Economic Research, Inc.
    2. repec:fth:prinin:287 is not listed on IDEAS
    3. Eli Berman & John Bound & Zvi Griliches, 1994. "Changes in the Demand for Skilled Labor within U. S. Manufacturing: Evidence from the Annual Survey of Manufactures," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 367-397.
    4. Richard B. Freeman, 1980. "Unionism and the Dispersion of Wages," ILR Review, Cornell University, ILR School, vol. 34(1), pages 3-23, October.
    5. Richard B. Freeman, 1994. "Working Under Different Rules," NBER Books, National Bureau of Economic Research, Inc, number free94-1, August.
    6. Eli Berman & John Bound & Zvi Griliches, 1993. "Changes in the Demand for Skilled Labor within U.S. Manufacturing Industries: Evidence from the Annual Survey of Manufacturing," NBER Working Papers 4255, National Bureau of Economic Research, Inc.
    7. Finegold, David & Soskice, David, 1988. "The Failure of Training in Britain: Analysis and Prescription," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 4(3), pages 21-53, Autumn.
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    Cited by:

    1. Bernard, Andrew & Redding, Stephen & Simpson, Helen & Schott, Peter, 2002. "Factor Price Equalization in the UK?," CEPR Discussion Papers 3523, C.E.P.R. Discussion Papers.
    2. John H Goldthorpe & Abigail McKnight, 2004. "The Economic Basis of Social Class," CASE Papers 080, Centre for Analysis of Social Exclusion, LSE.
    3. Gregg, Paul & Manning, Alan, 1997. "Skill-biassed change, unemployment and wage inequality," European Economic Review, Elsevier, vol. 41(6), pages 1173-1200, June.

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