Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach
劳动市场制度与工资分布,1973—1992:半参数方法
This paper provides evidence that the decline in the real value of the minimum wage and in the rate of unionization account for a significant share of the increase in wage inequality in the United States between 1979 and 1988. The role of the minimum wage is particularly important for women, while deunionization has the largest impact on men. The authors develop a semiparametric procedure that applies kernel density methods to appropriately weighted samples. The procedure…