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  • 标题:Where's the Wage Pressure?"
  • 本地全文:下载
  • 作者:James D. Eubanks ; David G. Wiczer
  • 期刊名称:Federal Reserve Bank of St. Louis - Regional Economist
  • 出版年度:2015
  • 出版社:Federal Reserve Bank of St. Louis
  • 摘要:the distribution. These increasing differ- ences between rich and poor are vastly more important to workers than the small, cyclical differences in wages at a given point in the distribution. The higher percentiles of the wage distribution are pulling away f rom t he median for reasons that pre-d ate t he Great Recession of 2007-09. As the wage distribu- tion changes, the impact of the unemploy- ment rate on wages may also change. In the figure, we see that wages move slightly as the unemployment rate fluctu- ates, but that these movements are sma ll compared to long-run trends. We also see that the gap between the highest and lowest earnings percentiles has widened indepen- dent of any movements in the unemploy- ment r ate
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