Using weekly earnings data from Current Population Survey for Black and White Americans employed full time, we examine how disparities based on race stand relative to disparities between wage groups. We find that wage disparity between wage groups prevails significantly as compared to race wage...

This paper aims to clarify the relationship between monetary policy shocks and wage inequality. We emphasize the relevance of within and between wage group inequalities in explaining total wage inequality in the United States. Relying on the quarterly data for the period 2000-2020, our analysis...

We hypothesize that the role of education in driving wage inequality is not the same across three racial groups in the United States. Using the Current Population Survey (CPS) data for the period 2000-2021, we show that education weighs at most 33% in explaining the wage inequality. Further, we...