000 02034cam a22003377 4500
001 w5389
003 NBER
005 20211020114206.0
006 m o d
007 cr cnu||||||||
008 210910s1995 mau fo 000 0 eng d
100 1 _aMargo, Robert A.
_916032
245 1 0 _aChanges in the Distribution of Wages, 1940-1950:
_bThe Public vs. the Private Sector /
_cRobert A. Margo, T. Aldrich Finegan.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c1995.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w5389
500 _aDecember 1995.
520 3 _aBetween 1940 and 1950 wage differentials within and between labor market groups narrowed significantly - the so-called 'Great Compression'. This paper disaggregates the Great Compression into its public and private components. Wage compression in the public sector, along with a decline in the pay premia received by public sector workers, explains about 40 percent of aggregate wage compression in the 1940s. The experience of the 1940s stands in stark contrast with that of the past two decades, in which a rigid public sector wage structure has dampened increases in aggregate wage inequality.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aN32 - U.S. • Canada: 1913-
_2Journal of Economic Literature class.
690 7 _aJ31 - Wage Level and Structure • Wage Differentials
_2Journal of Economic Literature class.
700 1 _aFinegan, T. Aldrich.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w5389.
856 4 0 _uhttps://www.nber.org/papers/w5389
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w5389
942 _2ddc
_cW-PAPER
999 _c342955
_d301517