Changes in the Thai Wage Structure Before and after the 1997 Economic Crisis
Thailand Development Research Institute; Australian National University
January 19, 2009
Wage polarisation is observed in Thailand over 1987-2006. I attribute much of the increase in top-end inequality to trend-demand shift favouring college-educated workers resulting from SBTC. The rise in low-end wage rates relative to the median is due to the existence of a large pool of hidden-unemployed labourers in the rural sector. Their migration into low-end city jobs could explain the rising low-end wages. A recent version of the SBTC hypothesis that emphasises the effects of technological advances offers an alternative explanation. There is also evidence that the "massifcation of higher-education" is a major source of rising top-end residual inequality.
Number of Pages in PDF File: 28
Keywords: wage inequality, residual inequality, educational wage distribution, returns to education
JEL Classification: I21, J24, J31working papers series
Date posted: October 7, 2009
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