Explaining Black-White Wage Convergence, 1940–1950
During the 1940s, racial differences in wages narrowed at an unusually rapid pace. Using a decomposition technique different from that of previous studies, the author shows that wage compression between and within groups—the so-called “Great Compressionâ€â€”was a major factor behind racial wage convergence in the 1940s. In addition to wage compression, occupational shifts, internal migration, and diminishing racial differences in schooling helped to narrow the black-white wage gap between 1940 and 1950.
Year of publication: |
1995
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Authors: | Margo, Robert A. |
Published in: |
ILR Review. - Cornell University, ILR School. - Vol. 48.1995, 3, p. 470-481
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Publisher: |
Cornell University, ILR School |
Saved in:
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