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In this analysis of wage inequality in several industrial countries, the authors find that wage differences are wider in the United Sates and that those wider differences are concentrated mainly among the lowest paid. Higher rewards that workers receive for their skills in the United States are one source of greater wage inequality. In addition, while wage-setting institutions in other countries achieve greater equality by pushing up the wages of the lowest-paid workers, employment prospects for the less skilled are also apparently reduced.
Francine D. Blau is the Frances Perkins Professor of Industrial and Labor Relations at Cornell University. Lawrence M. Kahn is a professor of labor, economics, and collective bargaining at the New York State School of Industrial and Labor Relations at Cornell University.
In his new book, Real Education: Four Simple Truths for Bringing America's Schools Back to Reality, AEI's Charles Murray focuses on four simple, hard truths that are rarely discussed or even acknowledged by educators and politicians.
In this provocative new book, Arthur C. Brooks explodes the myths about happiness in America. He examines vast amounts of evidence and empirical research to uncover the truth about who is happy in America, who is not, and why.