Differences and Changes in Wage Structures
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During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries.
Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings...



