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The Unexpected Compression: Competition at Work in the Low Wage Labor Market

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NBER2023-03-01 更新2025-01-04 收录
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Labor market tightness following the height of the Covid-19 pandemic led to an unexpected compression in the US wage distribution that reflects, in part, an increase in labor market competition. Rapid relative wage growth at the bottom of the distribution reduced the college wage premium and

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2023-03-01
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