作者:GOLDIN, C; MARGO, RA
作者单位:National Bureau of Economic Research; Vanderbilt University
摘要:The era of wage stretching has been a current focus, but we direct attention here to a decade of extraordinary wage compression-the 1940s. Wages narrowed by education, job experience, and occupation, and compression occurred within cells. The 90-10 differential in the log of wages for men was 1.45 in 1940 but 1.06 in 1950. By the late 1980s it returned to its 1940 level, thus restoring a dispersion of 50 years ago. World War II and the National War Labor Board share some credit for the Great C...