Regional wage convergence and divergence: adjusting wages for cost-of- living differences
AbstractAn examination of the divergence of U.S. regional fortunes in the early 1980s, showing that once regional prices are factored in, relative wage rates continue to converge across regions. The trend in regional wage variation is also shown to be attributable to declining differences in labor market valuations of worker attributes, rather than to shifts in the regional composition of the workforce.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Cleveland in its journal Economic Review.
Volume (Year): (1994)
Issue (Month): Q II ()
Other versions of this item:
- Randall W. Eberts & Mark E. Schweitzer, . "Regional Wage Convergence and Divergence: Adjusting Wages for Cost-of-Living Differences," Upjohn Working Papers and Journal Articles rwe1994er2, W.E. Upjohn Institute for Employment Research.
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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