About the author

Geraint Johnes‌

is Professor of Economics in the Department of Economics and Director of The Work Foundation.

He has published widely in the area of the economics of education, including papers in the Economic Journal, Oxford Economic Papers and Oxford Bulletin of Economics and Statistics. 

He researches labour market destinations in BRICs, labour market flows, and costs and efficiency in educational institutions.

As the gap continues to close we will no longer see the same kinds of steep rises in wages as were possible in the past.

This article was first published in The Conversation. Read the original article.