@TechReport{iza:izadps:dp5945, author={Biddle, Jeff E. and Hamermesh, Daniel S.}, title={Cycles of Wage Discrimination}, year={2011}, month={Aug}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={5945}, url={https://www.iza.org/index.php/publications/dp5945}, abstract={Using CPS data from 1979-2009 we examine how cyclical downturns and industry-specific demand shocks affect wage differentials between white non-Hispanic males and women, Hispanics and African-Americans. Women's and Hispanics' relative earnings are harmed by negative shocks, while the earnings disadvantage of African-Americans may drop with negative shocks. Negative shocks also appear to increase the earnings disadvantage of bad-looking workers. A theory of job search suggests two opposite-signed mechanisms that affect these wage differentials. It suggests greater absolute effects among job-movers, which is verified using the longitudinal component of the CPS.}, keywords={search models;women;minorities;beauty}, }