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Wage Mobility And Wage Inequality Among Young Workers

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  • JONATHAN R. VEUM

Abstract

This analysis uses data from the National Longitudinal Surveys to examine wage inequality and wage mobility within the wage distribution for young high school graduates during their early years in the labor market. The analysis constructs a new index that facilitates measuring mobility changes over time. The data indicate that no strong relationship exists between wage mobility and wage inequality for young workers. Controlling for time invariant differences between individuals also indicates that between the 1970s and 1980s factors that impact mobility underwent very few changes.

Suggested Citation

  • Jonathan R. Veum, 1993. "Wage Mobility And Wage Inequality Among Young Workers," Contemporary Economic Policy, Western Economic Association International, vol. 11(4), pages 31-41, October.
    • Handle: RePEc:bla:coecpo:v:11:y:1993:i:4:p:31-41
    DOI: 10.1111/j.1465-7287.1993.tb00399.x
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    1. Lawrence F. Katz & Kevin M. Murphy, 1992. "Changes in Relative Wages, 1963–1987: Supply and Demand Factors," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(1), pages 35-78.
    2. Robert H. Topel & Michael P. Ward, 1992. "Job Mobility and the Careers of Young Men," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 439-479.
    3. Levy, Frank & Murnane, Richard J, 1992. "U.S. Earnings Levels and Earnings Inequality: A Review of Recent Trends and Proposed Explanations," Journal of Economic Literature, American Economic Association, vol. 30(3), pages 1333-1381, September.
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