Using Current Population Survey data, we find that the gap between wages by black and white males declined during the …

After the Great Recession, the fraction of U.S. workers whose wages were frozen reached a record high. Many employers … would have preferred to cut wages, but couldn’t do so because of the reluctance of workers to accept reduced compensation …½ years, inflation has eroded the real value of frozen wages, slowing wage growth and reducing the unemployment rate. This is …

Using Current Population Survey data, we find that the gap between wages by black and white males declined during the …