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The evolution of wages in the United Kingdom: evidence from micro data

Meghir, C.H.D.; Whitehouse, E.; (1996) The evolution of wages in the United Kingdom: evidence from micro data. Journal of Labor Economics , 14 (1) pp. 1-25. 10.1086/209801. Green open access

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Abstract

We use data on male employees from the U.K. Family Expenditure Survey for the years 1968-86 to investigate the behavior of wages over time and across cohorts. We find that differentials between manual workers and professional managerial ones are lower at labor market entry for younger cohorts but increasing faster with age in the 1980s than in the past. The returns to experience appear to be very low in the United Kingdom, particularly for manual and clerical workers, although the improved education of younger workers may partly explain this. Finally we show that individual wages in the United Kingdom are highly procyclical.

Type: Article
Title: The evolution of wages in the United Kingdom: evidence from micro data
Open access status: An open access version is available from UCL Discovery
DOI: 10.1086/209801
Publisher version: http://dx.doi.org/10.1086/209801
Language: English
Additional information: © 1996 by The University of Chicago
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of SandHS > Dept of Economics
URI: http://discovery.ucl.ac.uk/id/eprint/17045
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