To make high-quality research more accessible and easier to explore.
Fields:
2 results
Measurement and Testing of Inequality from Time Series of Deciles with an Application to U.S. Wages
This article uses unobserved-components time series models to capture the underlying trends in the quarterly deciles of U.S. hourly wages. Tests of stability and divergence are developed as a means of assessing changes in inequality. The decrease in the wage gender gap is examined, and the impact of changes in the minimum wage is assessed.