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The era of wage stretching has been a current focus, but the authors direct attention here to a decade of extraordinary wage compression--the 1940s. Wages narrowed by education, job experience, and occupation, and compression occurred within cells. The 90-10 differential in the log of wages for...
Persistent link: https://www.econbiz.de/10005814806
Persistent link: https://www.econbiz.de/10005814891
Current concern with the impact of new technologies on the wage structure motivates this study. We offer evidence that technology-skill and capital-skill (relative) complementarities existed in manufacturing early in this century and were related to the adoption of electric motors and particular...
Persistent link: https://www.econbiz.de/10005737478