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| Author: | Leuven, E. Oosterbeek, H. Ophem, H. van |
| Title: | Explaining international differences in male skill wage differentials by differences in demand and supply of skill |
| Journal: | Economic Journal
2004 : APR, VOL. 114:495, p. 466-486 |
| Index terms: | Pay differentials Work Skills Gender Labour markets International |
| Language: | eng |
| Abstract: | This paper explores the hypothesis that wage differentials btw. skill groups across countries are consistent with a demand and supply framework. Using micro data from 15 countries it is found that about one third of the variation in relative wages btw. skill groups across countries is explained by differences in net supply of skill groups. The demand and supply framework does an even better job at explaining relative wages of low skilled workers. |
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