What has happened to wages?

Published on 1 June 1994

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.

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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

    Costas Meghir
    Costas Meghir

    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.

    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: 25 June 2025).

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