Inequality in Labor Market Outcomes: Contrasting the 1980's and Earlier Decades

7 Pages Posted: 16 Nov 2007  

Chinhui Juhn

University of Houston - Department of Economics; IZA Institute of Labor Economics

Kevin M. Murphy

University of Chicago; National Bureau of Economic Research (NBER)

Abstract

The increase in wage inequality during the 1980s was exceptional, but underlying demand and supply conditions showed relatively little contrast compared to previous decades. One possible explanation is that the increased demand for skills during the 1980s was unusually concentrated among the most skilled workers rather than being spread throughout the skill distribution.

Keywords: wages, inequality, skill

JEL Classification: J31

Suggested Citation

Juhn, Chinhui and Murphy, Kevin M., Inequality in Labor Market Outcomes: Contrasting the 1980's and Earlier Decades. Economic Policy Review, Vol. 1, No. 1, January 1995. Available at SSRN: https://ssrn.com/abstract=1029705

Chinhui Juhn (Contact Author)

University of Houston - Department of Economics ( email )

Houston, TX 77204-5882
United States
713-743-3823 (Phone)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Kevin M. Murphy

University of Chicago ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
773-702-7280 (Phone)
773-702-2699 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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