Wage Levels and Inequality
Measuring and Interpreting the Trends

  • Title:

    Wage Levels and Inequality
  • Format:

    Paperback
  • Paperback Price:

    9.95
  • Paperback ISBN:

    0844771228
  • 63 Paperback pages
  • Buy the Book

Click here to view the full book as an Adobe PDF.

This book discusses the cost and standard of living, income distribution, wage surveys, and wages. Also explored are the causes and consequences of trends in the distribution of wealth, income, consumption, and other measures of material well-being.

The most reliable and complete measures of workers' pay show, according to the analysis of Marvin H. Kosters, and contrary to what is commonly believed, that the average worker has achieved modest but significant real wage gains over the past twenty-five years. Inequality of workes' pay has widened, however, as observers have frequently reported. Kosters points out that the increase in the value of skills is the main souce of increased wage inequality and that those higher rewards for skill have led to higher school enrollment.

Marvin H. Kosters is a resident scholar and the director of economic policy studies at AEI.

Also Visit
AEIdeas Blog The American Magazine

What's new on AEI

Holder will regret his refusal to obey the Constitution
image 'Flood Wall Street' climate protesters take aim at their corporate allies
image 3 opportunities for better US-India defense ties
image Is Nicolás Maduro Latin America's new man at the United Nations?
AEI on Facebook
Events Calendar
  • 29
    MON
  • 30
    TUE
  • 01
    WED
  • 02
    THU
  • 03
    FRI
Thursday, October 02, 2014 | 9:00 a.m. – 10:30 a.m.
Campbell Brown talks teacher tenure

We welcome you to join us as Brown shares her perspective on the role of the courts in seeking educational justice and advocating for continued reform.

Friday, October 03, 2014 | 12:00 p.m. – 1:00 p.m.
Harnessing the power of markets to tackle global poverty: A conversation with Jacqueline Novogratz

AEI welcomes you to this Philanthropic Freedom Project event, in which Novogratz will describe her work investing in early-stage enterprises, what she has learned at the helm of Acumen, and the role entrepreneurship can play in the fight against global poverty.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.