Publication type
Journal Article
Author
Publication date
September 15, 2021
Summary:
Over the past years, education attainment has increased at an unprecedented rate in Great Britain. We analyze how the education expansion affected inequality in household net incomes since the early 2000s. We show that, all else being equal, education composition changes led to higher living standards mostly through higher wages. As education expansion led to larger income gains in the middle and top than at the bottom of the distribution, income inequality increased. Despite the increasing share of high‐educated workers, we find limited evidence of a “compression” effect on inequality, as the higher education wage premium remained broadly unchanged.
Published in
Review of Income and Wealth
Volume and page numbers
Volume: 67 , p.659 -683
DOI
https://doi.org/10.1111/roiw.12486
Subjects
Notes
Open Access
© 2020 The Authors. Review of Income and Wealth published by John Wiley & Sons Ltd on behalf of International Association for Research in Income and Wealth
This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
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