Updated Notes on the Interindustry Wage Structure, 1890-1990
本文记录并分析了过去一百年间制造业跨行业工资结构的变化,发现生产工人的行业工资差异高度稳定,而非生产工人的自相关模式较弱,且当前行业间工资离散度达到百年最高。
This paper documents and analyzes changes in the wage structure across manufacturing industries over the last one hundred years. Inter-industry differentials in wages are highly stable for production workers, but autocorrelation patterns for nonproduction workers are considerably weaker. Industry wage patterns are very similar for production and nonproduction workers today, but this has been true only since 1958. Dispersion of wages across industries has shown varying trends over the last one hundred years, but has never in this century been higher than it is today. The variables that are most strongly correlated with wage growth are productivity growth, rising union density, rising capital intensity, and profit growth.