The Racial Wage Gap
利用NLSY数据，发现年轻黑人、墨西哥裔和白人男性的劳动力市场参与度差异显著，且潜在经验不能准确反映实际经验，从而影响对种族工资差距的解释。
Abstract Labor market attachment differs significantly across young black, Mexican, and white men. Although it has long been agreed that potential experience is a poor proxy for actual experience for women, many view it as an acceptable approximation for men. Using the NLSY, this paper documents the substantial difference between potential and actual experience for both black and Mexican men. We show that the fraction of the black/ white and Mexican/white wage gaps that are explained by differences in potential experience are quite different from the fraction of the racial wage gaps that are explained by actual (real) experience differences.