Understanding between and within-group wage inequality through the lens of the 2007 financial crisis

• Main Authors: Yeong, Glenn, Soh, Nicholas, Seet, Qi Hao
• Other Authors: Tang Yang
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Humanities::General
• Online Access: http://hdl.handle.net/10356/62506
• Institution: Nanyang Technological University

In this paper, we first document several stylized facts on the U.S labour market before and after the financial crisis, specifically: (i) The overall wage inequality takes the form of a U-shaped curve; (ii) The wage dispersion amongst low-skill jobs increased during the financial crisis, but decreas...