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What are the causes of rising wage inequality in the United States?

Author

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  • John Bound
  • George Johnson

Abstract

During the last 15 years--especially in the 1980s--wage inequality rose in the United States. It appears that this can be explained by a secular shift in production functions favoring workers with intellectual rather than manual skills, together with slower growth in the supply of skilled labor than in the previous decade.

Suggested Citation

  • John Bound & George Johnson, 1995. "What are the causes of rising wage inequality in the United States?," Economic Policy Review, Federal Reserve Bank of New York, issue Jan, pages 9-17.
    • Handle: RePEc:fip:fednep:y:1995:i:jan:p:9-17:n:v.1.no.1
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