Intra-country wage inequality in the OECD countries
Two reasons are mainly brought to explain the recent increase in intra-country wage inequality in favour of high-skilled labour: Skill-Biased Technological Change (SBTC) and International Trade Liberalisation (IT). Since few empirical studies have attempted to assess both interpretations...
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Format: | Article |
Language: | English |
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Economists' Association of Vojvodina
2018-01-01
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Series: | Panoeconomicus |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1803339N.pdf |
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author | Nogueira Manuel Carlos Afonso Óscar |
author_facet | Nogueira Manuel Carlos Afonso Óscar |
author_sort | Nogueira Manuel Carlos |
collection | DOAJ |
description | Two reasons are mainly brought to explain the recent increase in
intra-country wage inequality in favour of high-skilled labour: Skill-Biased
Technological Change (SBTC) and International Trade Liberalisation (IT).
Since few empirical studies have attempted to assess both interpretations
across a comprehensive sample of countries, we have analysed the impact of
both and added some new variables within a unified framework and across 30
OECD countries, between 2001 and 2015. Using panel data, results show that
both explanations are crucial. However, considering all 30 OECD countries,
the IT argument dominates. Further, we show that seven clusters must be
considered in which at least one theory influence the wage gap. |
first_indexed | 2024-12-11T13:11:26Z |
format | Article |
id | doaj.art-0d1bc1b36efd480784cc2eae1eb24b79 |
institution | Directory Open Access Journal |
issn | 1452-595X 2217-2386 |
language | English |
last_indexed | 2024-12-11T13:11:26Z |
publishDate | 2018-01-01 |
publisher | Economists' Association of Vojvodina |
record_format | Article |
series | Panoeconomicus |
spelling | doaj.art-0d1bc1b36efd480784cc2eae1eb24b792022-12-22T01:06:10ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862018-01-0165333936210.2298/PAN1803339N1452-595X1803339NIntra-country wage inequality in the OECD countriesNogueira Manuel Carlos0Afonso Óscar1University of Coimbra, Faculty of Economics, Centre for Business and Economic Research (CEBER), PortugalUniversity of Porto, Faculty of Economics, Center for Economics and Finance (CEFUP, Portugal + Center for Advanced Studies in Management and Economics of the University of Beira Interior (CEFAGE-UBI), PortugalTwo reasons are mainly brought to explain the recent increase in intra-country wage inequality in favour of high-skilled labour: Skill-Biased Technological Change (SBTC) and International Trade Liberalisation (IT). Since few empirical studies have attempted to assess both interpretations across a comprehensive sample of countries, we have analysed the impact of both and added some new variables within a unified framework and across 30 OECD countries, between 2001 and 2015. Using panel data, results show that both explanations are crucial. However, considering all 30 OECD countries, the IT argument dominates. Further, we show that seven clusters must be considered in which at least one theory influence the wage gap.http://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1803339N.pdfskill-biased technological changeinternational tradeimmigrationeducationwage inequalitycluster analysis |
spellingShingle | Nogueira Manuel Carlos Afonso Óscar Intra-country wage inequality in the OECD countries Panoeconomicus skill-biased technological change international trade immigration education wage inequality cluster analysis |
title | Intra-country wage inequality in the OECD countries |
title_full | Intra-country wage inequality in the OECD countries |
title_fullStr | Intra-country wage inequality in the OECD countries |
title_full_unstemmed | Intra-country wage inequality in the OECD countries |
title_short | Intra-country wage inequality in the OECD countries |
title_sort | intra country wage inequality in the oecd countries |
topic | skill-biased technological change international trade immigration education wage inequality cluster analysis |
url | http://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1803339N.pdf |
work_keys_str_mv | AT nogueiramanuelcarlos intracountrywageinequalityintheoecdcountries AT afonsooscar intracountrywageinequalityintheoecdcountries |