Citation

Discussion Paper Details

Please find the details for DP2091 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: Trade, Technology and UK Wage Inequality

Author(s): Jonathan Haskel and Matthew Slaughter

Publication Date: March 1999

Keyword(s): Technology, Trade and Wage Inequality

Programme Area(s): International Trade and Regional Economics and Labour Economics

Abstract: The U.K. skill premium fell from the 1950s to the late 1970s and then rose very sharply. This paper examines the contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in product prices and technical change as TFP growth. Then we relate price and TFP changes to a set of underlying factors. Among a number of results, we find that changes in prices, not TFP, were the major force behind the rise in inequality in the 1980s. We also find that although increased trade pressure has raised technical change, its effect on wage inequality was not quantitatively significant.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2091

Bibliographic Reference

Haskel, J and Slaughter, M. 1999. 'Trade, Technology and UK Wage Inequality'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=2091