A Historical Approach to American Skill Differentials
AbstractThis paper studies the evolution of three historical time series on skill premiums in the United States during the major part of the 19th and 2oth century. A descriptive analysis leads us to asses the existence of a systematic relation between the series and the inflation rate, pointing towards the presence of a strong rigidity in the wages of skilled workers.
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Bibliographic InfoPaper provided by European University Institute in its series Economics Working Papers with number eco97/25.
Length: 49 pages
Date of creation: 1997
Date of revision:
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Web page: http://www.eui.eu/ECO/
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TIME SERIES ; LABOUR MARKET ; HISTORICAL ANALYSIS;
Find related papers by JEL classification:
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
- N31 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: Pre-1913
- N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
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