Goldin, Claudia; Margo, Robert A - In: The Quarterly Journal of Economics 107 (1992) 1, pp. 1-34
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...