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Type: Journal Articles Authors: Steve Machin, Amanda Gosling and Costas Meghir ISSN: Print: 0143-5671 Online: 1475-5890
Published in: Fiscal Studies, Vol. 15, No. 4, November 1994
Volume, issue, pages: Vol. 15, No. 4, pp. 63-87
The gap between rich and poor has increased dramatically over the last 25 years and the incomes of the bottom 10 per cent were no higher in 1991 than in 1967 (see Goodman and Webb (1994b, this issue)). Wages are an important part of household income and the trends in the dispersion of wages mirror very closely the trends in the dispersion of income. Knowing the reasons for the changing structure of the wage distribution is thus crucial to an understanding of the trends in overall household income. Search |
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