Intra-Country Wage Inequality in the OECD Countries

• Type: Article in International Scientific Journal
• Date: 2018

Authors

Nogueira, MC (Author) Other; Óscar Afonso (Author) FEP

Journal

Title: Panoeconomicus

Vol. 65

Pages: 339-362

ISSN: 1452-595X

Publisher: SAVEZ EKONOMISTA VOJVODINE

Indexing

ISI Web of Knowledge - 5 Citations

Scopus - 5 Citations

Other information

Authenticus ID: P-00P-DT2

DOI: 10.2298/pan1803339n

Abstract (EN): 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.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 24