TY  - RPRT
        AU  - Aziz, Imran
AU  - Cortes, Matias
        TI  - Between-Group Inequality May Decline despite a Rising Skill Premium
        PY  - 2021/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14701
        UR  - https://www.iza.org/index.php/publications/dp14701
        AB  - A vast literature aimed at understanding the nature and causes of wage inequality focuses on the skill premium as a key object of interest. In an environment where both the skill premium and the share of skilled workers are changing, however, the between-skill-group component of inequality may fall even as the skill premium rises – a pattern that is indeed observed in the U.S. and in many local labor markets during the 2010s. Understanding the evolution of the skill premium is therefore not always useful in terms of understanding why broad inequality measures are changing.
        KW  - skill-biased technical change
KW  - between-group inequality
KW  - skill premium
        ER  -