Full Citation

Title: Wage dispersion over the business cycle

Citation Type: Journal Article

Publication Year: 2019

ISBN:

ISSN: 01651765

DOI: 10.1016/j.econlet.2019.04.013

NSFID:

PMCID:

PMID:

Abstract: h i g h l i g h t s • Fluctuations in wage dispersion are independent of the business cycle. • Residual wage dispersion is procyclical. • This procyclicality arises from the upper half of the residual wage distribution. a b s t r a c t In this paper, I provide robust evidence that fluctuations in wage dispersion are independent of the business cycle, while residual wage dispersion, i.e. dispersion of wages within narrowly defined demographic and skill groups of workers, increases during booms and lessens during recessions. Moreover, I show that the procyclical fluctuations in residual wage dispersion are mainly generated by cyclical changes in the upper half of the residual wage distribution.

Url: https://doi.org/10.1016/j.econlet.2019.04.013

Url: https://linkinghub.elsevier.com/retrieve/pii/S0165176519301351

User Submitted?: No

Authors: Morin, Annaïg

Periodical (Full): Economics Letters

Issue:

Volume: 181

Pages: 17-21

Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure

Countries: United States