Measurement and Testing of Inequality from Time Series of Deciles with an Application to U.S. Wages

Jared Bernstein and Andrew Harvey
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Jared Bernstein: University of Cambridge

No 861, Econometric Society World Congress 2000 Contributed Papers from Econometric Society

Abstract: This article uses unobserved components time series models to capture the underlying trends in the quarterly deciles of US hourly wages. Tests of stability and divergence are suggested as a means of assessing changes in inequality. The decrease in the wage gender gap is examined and the impact of changes in the minimum wage is assessed.

Date: 2000-08-01
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Journal Article: Measurement and Testing of Inequality from Time Series of Deciles with an Application to U.S. Wages (2003)
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