Explaining black-white wage convergence, 1940-1950.

During the 1940s, racial differences in wages narrowed at an unusually rapid pace. Using a decomposition technique different from that of previous studies, the author shows that wage compression between and within groups—the so-called “Great Compression”—was a major factor behind racial wage conver...

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Detalles Bibliográficos
Publicado en:Industrial & Labor Relations Review Vol. 48; pp. 470 - 482
Autor principal: Margo, Robert A.
Formato: Artículo
Publicado: Cornell University April 1995
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:During the 1940s, racial differences in wages narrowed at an unusually rapid pace. Using a decomposition technique different from that of previous studies, the author shows that wage compression between and within groups—the so-called “Great Compression”—was a major factor behind racial wage convergence in the 1940s. In addition to wage compression, occupational shifts, internal migration, and diminishing racial differences in schooling helped to narrow the black-white wage gap between 1940 and 1950. Reprinted by permission of the publisher.