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The gap between those who earn the most and those who earn the least in the UK is growing rapidly and in 1992 was larger than it had been at any time this century. It is one of the major factors underlying the rise in the inequality of household income and in poverty levels. This, together with its implications about the way the labour market is changing, makes it one of the most important issues facing policymakers today.
Authors
Amanda Gosling
Research Fellow Yale University
Costas is a Research Fellow of the IFS and a Professor of Economics at Yale University and a Visiting Professor at University College London.
Stephen Machin
Report details
- DOI
- 10.1920/co.ifs.1994.0043
- ISBN
- 978-1-873357-38-5
- Publisher
- IFS
Suggested citation
A, Gosling and S, Machin and C, Meghir. (1994). What has happened to wages?. London: IFS. Available at: https://ifs.org.uk/publications/what-has-happened-wages (accessed: 4 May 2024).
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