Authors
Date (dd-mm-yyyy)
2004
Title
Explaining international differences in male skill wage differentials by differences in demand and supply of skill
Journal
Economic Journal
Volume
114
Publication Year
2004
Pages
466-486
Issue number
495
Document type
Article
Faculty
Faculty of Economics and Business (FEB)
Institute
Amsterdam School of Economics Research Institute (ASE-RI)
Abstract
This paper explores the hypothesis that wage differentials between skill groups across countries are consistent with a demand and supply framework. Using micro data from 15 countries we find that about one third of the variation in relative wages between 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.
URL
go to publisher's site
Permalink
https://hdl.handle.net/11245/1.250951