Changes in the distribution of male and female wages accounting for employment composition using bounds

• 成果类型: Article
• 署名作者: Blundell, Richard; Gosling, Amanda; Ichimura, Hidehiko; Meghir, Costas
• 署名单位: University of London; University College London; University of London; London School Economics & Political Science; University of Kent; Centre for Economic Policy Research - UK; University of Tokyo; University of Tokyo
• 刊物名称: ECONOMETRICA
• ISSN/ISSBN: 0012-9682
• DOI: 10.1111/j.1468-0262.2006.00750.x
• 发表日期: 2007
• 页码: 323-363
• 关键词: selection; models; TRENDS

摘要

This paper examines changes in the distribution of wages using bounds to allow for the impact of nonrandom selection into work. We show that worst case bounds can be informative. However, because employment rates in the United Kingdom are often low, they are not informative about changes in educational or gender wage differentials. Thus we explore ways to tighten these bounds using restrictions motivated from economic theory. With these assumptions, we find convincing evidence of all increase in inequality within education groups, changes in educational differentials, and increases in the relative wages of women.