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Table 6 Changes in relative demand, supply, and earnings

From: The evolution of wage inequality within local U.S. labor markets

 

1980–1990

1990–2000

2000–2010

2010–2019

Pooled

Demand

8.5

8.4

13.5

\(-\)0.1

Relative wage

17.9

8.2

10.7

0.8

Supply

2.7

5.7

10.0

\(-\)0.4

Men

Demand

8.1

9.8

12.6

\(-\)0.4

Relative wage

18.9

10.2

7.9

5.0

Supply

0.2

5.5

9.3

\(-\)2.5

Women

Demand

5.6

5.2

11.3

0.5

Relative wage

16.5

5.5

14.4

\(-\)4.4

Supply

1.9

4.0

8.1

1.5

  1. Tabulated numbers are changes in the (composition-adjusted) mean log wage for each group, using data on full-time, full-year workers ages 18 to 18 covering 1980 to 2019. These data are sorted into sex-education-experience groups of two sexes, four education categories (high school dropout, high school graduate, some college, college graduate, and post-college), and eight potential experience year groups (0–5, 5–10, 10–15, 15–20, 20–25, 25–30, 30–35, and 35–40 all measured in potential years of experience). Log hourly wages of full-time, full-year workers are regressed in each year separately by sex on dummy variables for four education categories, a quadratic in experience, three region dummies, black and other race dummies, and interactions of the experience quadratic with three broad education categories (high school graduate, some college, and college plus)