This article summarizes the main inclinations in the earnings and agency distribution in the United States during the last four decades.
This article summarizes the main inclinations in the earnings and agency distribution in the United States during the last four decades, using data drawn from the March circulating Population Surveys (March CPS) covering the period between 1961 and 2002 with an emphasis forward the evolution of earnings inequality. The rising overall earnings inequality has been accompanied through a large increase in earnings dispersion the two among and within groups (defined at characteristics such as education or experience). A large and growing material substance of research, reviewed in Katz and Autor 1999 documents the