000 | 02034cam a22003377 4500 | ||
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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 |
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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. |
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_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w5389 |
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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. |
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690 | 7 |
_aJ31 - Wage Level and Structure • Wage Differentials _2Journal of Economic Literature class. |
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700 | 1 | _aFinegan, T. Aldrich. | |
710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w5389. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w5389 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w5389 |
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_2ddc _cW-PAPER |
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_c342955 _d301517 |