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This rise is diminishing with the year of birth, which implies lower wage inequality between cohorts with the year of birth. Wage inequality has increased during the 1980s and early 1990s and remained fairly stable in the second half of the 1990s. The year effects, however, show increasing wage inequality up to 2001, mainly due to a strong rise in transitory wage inequality. Transitory wages are strongly correlated over time and an increase in transitory wage inequality therefore has highly persistent inequality consequences. The stable wage inequality in the second half of the 1990s is attributed to lower within\u2010cohort wage inequality for the younger cohorts. The age effects show that permanent wage inequality increases with age, in particular up to age 30 and over age 50. Copyright \u00a9 2007 John Wiley &amp; Sons, Ltd.<\/jats:p>","DOI":"10.1002\/jae.941","type":"journal-article","created":{"date-parts":[[2007,6,21]],"date-time":"2007-06-21T15:51:24Z","timestamp":1182441084000},"page":"1063-1093","source":"Crossref","is-referenced-by-count":20,"title":["Permanent and transitory wages of British men, 1975\u20132001: year, age and cohort effects"],"prefix":"10.1002","volume":"22","author":[{"given":"Adriaan S.","family":"Kalwij","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Rob","family":"Alessie","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"311","published-online":{"date-parts":[[2007,6,21]]},"reference":[{"key":"e_1_2_10_2_1","doi-asserted-by":"publisher","DOI":"10.2307\/1912561"},{"key":"e_1_2_10_3_1","doi-asserted-by":"crossref","unstructured":"AcemogluD.2002.Cross country inequality trends. 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