Reprinted from the Fall 1968 issue of "Daedalus.

Develops a theory to integrate the effects of three factors--the relative supply elasticities of skilled and unskilled labor, adjustments in skilled labor hiring standards, and the presence of fixed employment costs for skilled labor--on the response of skill differentials to demand variation. (Editor/LAS)

Recurring evidence that workers with similar skills do not necessarily earn the same wages led to the formulation of an alternative to the conventional market theory, namely, the segmented market theory. This theory posits that certain skills are distributed not among prospective employees but among jobs, in relation to the technology of those…

The Census of Population provides data on the structure of employment by occupation and industry for Ireland that are supplemented by the Labor Force Survey (LFS), which collects information on employment by occupation and industry. Expected strong growth in the Irish economy from 1993-98 should lead to a significant increase in employment. This…