Authors:

  • Claudia Goldin
  • Lawrence Katz

Excerpt

The Future of Inequality: The Other Reason Education Matters So Much, Lawrence Katz, Claudia Goldin, August 22, 2009, Paper. "As almost every economic policy maker is aware, the gap between the wages of educated and less-educated workers has been growing since the early 1980s – and that change has been both large and pervasive even when the measurement is narrowed by gender, industry or occupation. What’s not widely known, though, is that expanding wage inequality is a relatively new phenomenon. In fact, inequality actually narrowed from around 1910 to the 1950s, and then remained fairly stable until the 1980s..." Link