Replication data for: Increasing Residual Wage Inequality: Composition Effects, Noisy Data, or Rising Demand for Skill?
Principal Investigator(s): View help for Principal Investigator(s) Thomas Lemieux
Version: View help for Version V1
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Project Citation:
Lemieux, Thomas. Replication data for: Increasing Residual Wage Inequality: Composition Effects, Noisy Data, or Rising Demand for Skill? Nashville, TN: American Economic Association [publisher], 2006. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116216V1
Project Description
Summary:
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This paper shows that a large fraction of the 1973-2003 growth in residual wage
inequality is due to composition effects linked to the secular increase in experience
and education, two factors associated with higher within-group wage dispersion.
The level and growth in residual wage inequality are also overstated in the March
Current Population Survey (CPS) because, unlike the May or Outgoing Rotation
Group (ORG) CPS, it does not measure directly the hourly wages of workers paid
by the hour. The magnitude and timing of the growth in residual wage inequality
provide little evidence of a pervasive increase in the demand for skill due to
skill-biased technological change. (JEL J31)
Scope of Project
JEL Classification:
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I21 Analysis of Education
J23 Labor Demand
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J31 Wage Level and Structure; Wage Differentials
I21 Analysis of Education
J23 Labor Demand
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J31 Wage Level and Structure; Wage Differentials
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