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Economic inequality is higher today than it has been since 1939, as measured by both the wage structure and wealth inequality. But the comparison between 1939 and 1999 is largely made out of necessity; the 1940 U.S. population census was the first to inquire of wage and salary income and...
Persistent link: https://www.econbiz.de/10012471668
which changes in the industrial wage structure may have for employment. With regard to the flexibility of wages across … impact of a flexible industry wage structure on employment, we evaluate the circumstances under which flexible wages among … industries may be employment enhancing, and the set of circumstances under which flexible wages are likely to be employment …
Persistent link: https://www.econbiz.de/10012477478
major factor in the surge in educational wage differentials. Polarization set in during the late 1980s with employment …
Persistent link: https://www.econbiz.de/10012465079
U.S. educational and occupational wage differentials were exceptionally high at the dawn of the twentieth century and then decreased in several stages over the next eight decades. But starting in the early 1980s the labor market premium to skill rose sharply and by 2005 the college wage premium...
Persistent link: https://www.econbiz.de/10012465672
visible in a recent "polarization" of skill demands in which employment has expanded in high-wage and low-wage work at the …
Persistent link: https://www.econbiz.de/10012467050
In the three decades from 1910 to 1940, the fraction of U.S. youths enrolled in public and private secondary schools increased from 18 to 71 percent and the fraction graduating soared from 9 to 51 percent. At the same time, state compulsory education and child labor legislation became more...
Persistent link: https://www.econbiz.de/10012468619
By the mid-nineteenth century school enrollment rates in the United States exceeded those of any other nation in the world and by the early twentieth century the United States had accomplished mass education at all levels. No country was able to close the gap until the last quarter of the...
Persistent link: https://www.econbiz.de/10012468739
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10012470681
We study the impact of selection bias on estimates of the gender pay gap, focusing on whether the gender pay gap has fallen since 1981. Previous research has found divergent results across techniques, identification strategies, data sets, and time periods. Using Michigan Panel Study of Income...
Persistent link: https://www.econbiz.de/10012533404
The second transformation' of U.S. education the growth of secondary schooling occurred swiftly in the early 1900s and placed the educational attainment of Americans far ahead of that in other nations for much of the twentieth century. Just 9 percent of U.S. youths had high school diplomas in...
Persistent link: https://www.econbiz.de/10012472669