A Historical Approach to American Skill Differentials

S. Garcia Cervero

Economics Working Papers from European University Institute

Abstract: This paper studies the evolution of three historical time series on skill premiums in the United States during the major part of the 19th and 2oth century. A descriptive analysis leads us to asses the existence of a systematic relation between the series and the inflation rate, pointing towards the presence of a strong rigidity in the wages of skilled workers.

Keywords: TIME SERIES; LABOUR MARKET; HISTORICAL ANALYSIS (search for similar items in EconPapers)
JEL-codes: C20 N10 N31 (search for similar items in EconPapers)
Pages: 49 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:eui:euiwps:eco97/25

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