Showing 1 - 9 of 9
inequality from 1979 to 1988. We find also compelling visual and quantitative evidence that the decline in the real value of the … minimum wage explains a substantial proportion of this increase in wage inequality, particularly for women. We conclude that …
Persistent link: https://www.econbiz.de/10005248904
We propose a new regression method to estimate the impact of explanatory variables on quantiles of the unconditional (marginal) distribution of an outcome variable. The proposed method consists of running a regression of the (recentered) influence function (RIF) of the unconditional quantile on...
Persistent link: https://www.econbiz.de/10005248983
This chapter provides a comprehensive overview of decomposition methods that have been developed since the seminal work of Oaxaca and Blinder in the early 1970s. These methods are used to decompose the difference in a distributional statistic between two groups, or its change over time, into...
Persistent link: https://www.econbiz.de/10008634705
We document that an increasing fraction of jobs in the U.S. labor market explicitly pay workers for their performance using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both observed (by the econometrician) and unobserved...
Persistent link: https://www.econbiz.de/10005720011
expanded rapidly. Wage dispersion among individuals with the same age and education also rose. A simple explanation for both … integrates 3 dimensions of skill: age, education, and unobserved ability. We find that a one-dimensional skill model gives a …
Persistent link: https://www.econbiz.de/10005720165
Despite several decades of research there is still widespread disagreement over the interpretation of the wage differences between black and white workers. Do the differences reflect productivity differences, discrimination, or both? If lower black earnings reflect a productivity difference,...
Persistent link: https://www.econbiz.de/10005829148
We use longitudinal individual wage and employment data for young people in France and the United States to investigate the effect of intertemporal changes in an individual's status vis-…-vis the real minimum wage on employment transition rates. We" find that movements in both French and...
Persistent link: https://www.econbiz.de/10005777685
comparing changes in wages and employment rates over the 1980s for different age and education groups in the United States …
Persistent link: https://www.econbiz.de/10005778782
The paper reviews recent developments in the literature on wage inequality, with a particular focus on why inequality … institutional and demand-side explanations are discussed for the secular growth in wage inequality in the United States and other … inequality are de-unionization, the increased prevalence of pay for performance, and changes in the relative demand for the types …
Persistent link: https://www.econbiz.de/10005088911