Abstract
Earnings gaps between black and white workers have widened over the past 30–40 years. This increase is not explained by differences in observed demographics or the industry and occupational composition of employment. We suggest that variation in labor market dynamics between black and white workers are important. Disparities in job switching, job loss, and associated wage growth result in flatter career wage profiles for black workers and widening earnings gaps over the work life.
Original language | English (US) |
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Article number | 108807 |
Journal | Economics Letters |
Volume | 186 |
DOIs | |
State | Published - Jan 2020 |
Keywords
- Earnings gaps
- Labor market dynamics
- Wage escalators
ASJC Scopus subject areas
- Finance
- Economics and Econometrics