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来源类型Working Paper
规范类型报告
DOI10.3386/w5093
来源IDWorking Paper 5093
Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach
John DiNardo; Nicole M. Fortin; Thomas Lemieux
发表日期1995-04-01
出版年1995
语种英语
摘要This paper presents a semiparametric procedure to analyze the effects of institutional and labor market factors on recent changes in the U.S. distribution of wages. The effects of these factors are estimated by applying kernel density methods to appropriately 'reweighted' samples. The procedure provides a visually clear representation of where in the density of wages these various factors exert the greatest impact. Using data from the Current Population Survey, we find, as in previous research, that de-unionization and supply and demand shocks were important factors in explaining the rise in wage inequality from 1979 to 1988. We find also compelling visual and quantitative evidence that the decline in the real value of the minimum wage explains a substantial proportion of this increase in wage inequality, particularly for women. We conclude that labor market institutions are as important as supply and demand considerations in explaining changes in the U.S. distribution of wages from 1979 to 1988.
主题Econometrics ; Estimation Methods ; Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w5093
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/562528
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John DiNardo,Nicole M. Fortin,Thomas Lemieux. Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach. 1995.
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