Search Results
Working Paper
Sectoral wage convergence: a nonparametric distributional analysis
A nonparametric analysis of the similarity between goods and services wage densities, applying kernel density estimates and an overlap statistic to U.S. weekly full-time wages from 1969 to 1993.
Journal Article
Are service-sector jobs inferior?
An argument that the wage gap between the service-producing and goods-producing sectors has narrowed to the point that the service industries now offer wage opportunities very similar to those in manufacturing and construction.
Working Paper
Sectoral wage convergence: a nonparametric distributional analysis
An examination of the relative shapes of the wage distribution in the U.S. goods-producing and service-producing sectors that uses a nonparametric measure of density overlap to analyze wage differences between the two sectors over time. ; What implications do 21st century monetary innovations bring for holdings of central bank money and standards of value? Emerging technologies such as cybercash, e-cash, and smart cards can be expected to reduce demand for central bank money, but the theoretical framework for monetary policy has not changed.
Journal Article
Another look at part-time employment
A study that disputes recent reports claiming that undesirable and low-paying part-time jobs are overtaking full-time work, explaining how these reports overlook expansion in the labor force, confuse establishment and household data, and disregard differences in worker characteristics that can obscure relative wages.
Journal Article
Understanding differences in regional poverty rates
An examination of the huge variation in U.S. regional poverty rates, showing that although demographic, policy, and cost-of-living factors all play a role, economic differences are key.