What are the Causes of Rising Wage Inequality in the United States?
9 Pages Posted: 13 Nov 2007
Abstract
During the last 15 years - especially in the 1980s - wage inequality rose in the United States. It appears that this can be explained by a secular shift in production functions favoring workers with intellectual rather than manual skills, together with slower growth in the supply of skilled labor than in the previous decade.
Keywords: labor, inequality, production
JEL Classification: J31, I21, O33
Suggested Citation: Suggested Citation
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