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Short- and long-run decompositions of UK wage inequality changes

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journal contribution
posted on 29.03.2007 by Huw Edwards, John Whalley
This paper focuses on the decomposition of observed increases in UK wage inequality since 1979 into the component factors of competition from low-wage imports and technological change. Building on recent work by Abrego and Whalley, it argues that the length of production run and degree of .xity of factors is crucial in such analyses. If the response of labour markets to date is a short-run response, in which factors and output have not adjusted fully, then analysis of the causes of increased inequality is substantially altered relative to a long-run factors mobile world.

History

School

  • Business and Economics

Department

  • Economics

Pages

224989 bytes

Citation

Edwards, T. H. and Whalley, J., 2007. Short- and long-run decompositions of UK wage inequality changes. Bulletin of Economic Research 59 (1), pp. 1-24.

Publisher

© Blackwell

Version

AM (Accepted Manuscript)

Publication date

2007

Notes

This article was published in the journal, Bulletin of Economic Research [© Blackwell] and the definitive version is available at: http://www3.interscience.wiley.com/journal/118520824/abstract

ISSN

0307-3378

Language

en

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