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A Historical Approach to American Skill Differentials

Author

Listed:
  • Garcia Cervero, S.

Abstract

This 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.

Suggested Citation

  • Garcia Cervero, S., 1997. "A Historical Approach to American Skill Differentials," Economics Working Papers eco97/25, European University Institute.
    • Handle: RePEc:eui:euiwps:eco97/25
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    More about this item

    Keywords

    TIME SERIES ; LABOUR MARKET ; HISTORICAL ANALYSIS;
    All these keywords.

    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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