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.
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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 |
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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 S&HS > Dept of Economics |
URI: | https://discovery.ucl.ac.uk/id/eprint/17045 |
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