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Measurement and Testing of Inequality from Time Series of Deciles with an Application to U.S. Wages

Author

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  • Jared Bernstein

    (University of Cambridge)

  • Andrew Harvey

    (University of Cambridge)

Abstract

This article uses unobserved components time series models to capture the underlying trends in the quarterly deciles of US hourly wages. Tests of stability and divergence are suggested as a means of assessing changes in inequality. The decrease in the wage gender gap is examined and the impact of changes in the minimum wage is assessed.

Suggested Citation

  • Jared Bernstein & Andrew Harvey, 2000. "Measurement and Testing of Inequality from Time Series of Deciles with an Application to U.S. Wages," Econometric Society World Congress 2000 Contributed Papers 0861, Econometric Society.
  • Handle: RePEc:ecm:wc2000:0861
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    References listed on IDEAS

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    Cited by:

    1. C. Higson & S. Holly & P. Kattuman & S. Platis, 2004. "The Business Cycle, Macroeconomic Shocks and the Cross-Section: The Growth of UK Quoted Companies," Economica, London School of Economics and Political Science, vol. 71(281), pages 299-318, May.
    2. DeRossi, G. & Harvey, A., 2006. "Time-Varying Quantiles," Cambridge Working Papers in Economics 0649, Faculty of Economics, University of Cambridge.
    3. Alvaro Angeriz & Philip Arestis, 2008. "Assessing inflation targeting through intervention analysis," Oxford Economic Papers, Oxford University Press, pages 293-317.
    4. Tommaso Proietti, 2005. "Convergence in Italian regional per-capita GDP," Applied Economics, Taylor & Francis Journals, vol. 37(5), pages 497-506.
    5. Busettti, F. & Harvey, A., 2007. "Tests of time-invariance," Cambridge Working Papers in Economics 0701, Faculty of Economics, University of Cambridge.

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