Measurement and Testing of Inequality from Time Series of Deciles with an Application to U.S. Wages
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.
|Date of creation:||01 Aug 2000|
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