òòò½Íø Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
Rising Top, Falling Bottom: Industries and Rising Wage Inequality
òòò½Íø Review
vol. 114,
no. 10, October 2024
(pp. 3250–83)
Abstract
Most of the rise in overall earnings inequality from 1996 to 2018 is accounted for by rising between-industry dispersion. The contribution of industries is right-skewed with the top 10 percent of four-digit NAICS industries dominating. The top 10 percent are clustered in high-paying high-tech and low-paying retail sectors. In the top industries, high-wage workers are increasingly sorted to high-wage industries with rising industry premia. In the bottom industries, low-wage workers are increasingly sorted into low-wage industries, with rising employment and falling industry wage premia.Citation
Haltiwanger, John, Henry R. Hyatt, and James R. Spletzer. 2024. "Rising Top, Falling Bottom: Industries and Rising Wage Inequality." òòò½Íø Review 114 (10): 3250–83. DOI: 10.1257/aer.20221574Additional Materials
JEL Classification
- J23 Labor Demand
- J24 Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 Wage Level and Structure; Wage Differentials
- L25 Firm Performance: Size, Diversification, and Scope
- M52 Personnel Economics: Compensation and Compensation Methods and Their Effects