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This paper reviews the uses of U.S. employer salary surveys for labor market research. Recent computational, theoretical, and econometric advances render these surveys ripe for exploitation. It summarize theories of employer wage effects and then describe salary surveys and their preparation for...
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This paper investigates the issue of an "inflation puzzle", or the lack of an acceleration in inflation during the current expansion. Our findings indicate that while inflation has appeared to be unusually low, we can account for this feature of the data over most of the current expansion. In...
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During the 1980s and early 1990s the earnings gap between individuals with a college education and those with no more than a high school diploma widened substantially.Two leading explanations are technological improvement, either by increasing demand for skilled workers or by displacing...
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