Recent Trends in U.S. Male Work and Wage Patterns: An Overview
Levy Economics Institute Working Paper No. 122
58 Pages Posted: 10 Oct 1998
Date Written: August 1994
In this working paper, Lawrence Buron, Robert Haveman, and Owen O'Donnell explore the major trends that have developed in the work force, including the rate of joblessness and the rise in part-time work, and whether these events were voluntary or involuntary. In addition, they look at the decline in the median wage. Using data from the March Consumer Population Survey on full-time, full-year (FTFY) employment among males for the years 1967-1992, the authors reported actual trends in each of the measures employed and trends in standardized measures that held the age, educational, and racial composition of the labor force constant (at their initial year levels). By doing so, they were better able to determine whether the trends they found were the result of demographic changes or influenced by other events.
JEL Classification: J21, J31
Suggested Citation: Suggested Citation