Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
4938271 | Economics of Education Review | 2017 | 36 Pages |
Abstract
Several studies employing decomposition methods have argued that skills only play a minor role in explaining cross-country differences in wage inequality. In this paper, we build upon the work of Leuven, Oosterbeek and van Ophem (2004) and extend the decomposition analysis to take account of the relative demand for, and supply of, skills. Doing this confirms that skills do matter and are likely to be at least as important as labour market institutions in explaining international differences in wage inequality.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Stijn Broecke, Glenda Quintini, Marieke Vandeweyer,