Explaining trends in wages, work, and occupations
Abstract: The inequality of labor market earnings in the U.S. has increased dramatically in recent decades. However, closer examination of the data reveals two distinct periods of rising inequality: 1973?89 and 1989?2005. The first period was one of diverging wages throughout the distribution, while the second period was one of polarizing wage growth.
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2009/cflapril2009_261.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2009
Order Number: 261