Fortin, Nicole M.; Lemieux, Thomas - In: Journal of Economic Perspectives 11 (1997) 2, pp. 75-96
In this paper, the authors analyze the role of three institutional changes--the decline in the real value of the minimum wage, deunionization, and economic deregulation--on the rise in wage inequality in the United States during the 1980s. They argue that about a third of the increase in male...