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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21199 |
来源ID | Working Paper 21199 |
Firming Up Inequality | |
Jae Song; David J. Price; Fatih Guvenen; Nicholas Bloom; Till von Wachter | |
发表日期 | 2015-05-26 |
出版年 | 2015 |
语种 | 英语 |
摘要 | Earnings inequality in the United States has increased rapidly over the last three decades, but little is known about the role of firms in this trend. For example, how much of the rise in earnings inequality can be attributed to rising dispersion between firms in the average wages they pay, and how much is due to rising wage dispersion among workers within firms? Similarly, how did rising inequality affect the wage earnings of different types of workers working for the same employer—men vs. women, young vs. old, new hires vs. senior employees, and so on? To address questions like these, we begin by constructing a matched employer-employee data set for the United States using administrative records. Covering all U.S. firms between 1978 to 2012, we show that virtually all of the rise in earnings dispersion between workers is accounted for by increasing dispersion in average wages paid by the employers of these individuals. In contrast, pay differences within employers have remained virtually unchanged, a finding that is robust across industries, geographical regions, and firm size groups. Furthermore, the wage gap between the most highly paid employees within these firms (CEOs and high level executives) and the average employee has increased only by a small amount, refuting oft-made claims that such widening gaps account for a large fraction of rising inequality in the population. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Compensation ; Industrial Organization ; Firm Behavior |
URL | https://www.nber.org/papers/w21199 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578873 |
推荐引用方式 GB/T 7714 | Jae Song,David J. Price,Fatih Guvenen,et al. Firming Up Inequality. 2015. |
条目包含的文件 | 条目无相关文件。 |
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