Rui Luo, 14 May 2017

While the impact of modern technological change on the skill premium has been well explained, there has been no study of the evolution of the skill premium over the very long run. This column reveals that the skill premium in Western Europe declined between 1300 and 1600, and converged to a low and stable level afterwards. Growth and technological change, while stimulating economic development and the transition from a pre-modern era to modern era, reduced wage inequality between different working groups.

Çağlar Özden, Christopher Parsons, Maurice Schiff, Terrie Walmsley, 06 August 2011

Migration is an issue not helped by misleading statistics and poor data. This column presents a study bringing together over 1,000 national censuses and population registers for 226 countries and regions between 1960 and 2000.

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