The great compression of the French wage structure, 1969–2008

Abstract

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The Impact of Chinese Import Competition on the Local Structure of Employment and Wages: Evidence From France

“…It is very close to 0 and insignificant in the nontradable sector as well. Hence it appears, based on that measure of inequality, that Chinese import competition, while it had some notable impact on wage and on employment did not move affected local labor markets away from the general trend toward compression of the French wage distribution over the period considered (Verdugo, ). We decompose the change of the log 90‐10 differential into the sum of the change of the log of the 50‐10 ratio (lower‐tail inequality) and the change of the log of the 90‐50 ratio (upper‐tail inequality).…”

“…The French case is particularly interesting because unlike other industrialized countries, its wage distribution has become more compact over the past few decades (Verdugo, ) . It is therefore relevant to see whether this compression occurred despite a possibly inequalizing effect of trade or whether trade per se did not lead to a rise in wage dispersion.…”

Wages and Human Capital in Finance: International Evidence, 1970-2005

“…2 2 For example, see Verdugo (2014) albeit from a high level), this happens when is negative. This implies that even as overall trends in the economy are to lower inequality, …nance counters this and contributes to increasing inequality.…”

The Puzzling Fall of the Wage Skill Premium in Spain

“…Finally, Verdugo () documents a decline in wage dispersion in France from 1964 to 2008. Similar to what we document for Spain, the increase in the number of workers with college degrees in France starts somewhat later than in English‐speaking countries.…”