A. Calculate w90/w50, w50/w10, and w90/w10 percentile wage differentials for both
years.
B. Describe the changes in wage inequality in this local market
1
Expert's answer
2019-04-22T09:55:27-0400
A. In 1975: w90/w50 = 10.44/6.02 = 1.73,
w50/w10 = 1.41,
w90/w10 = 2.45.
In 1995: w90/w50 = 9.07/3.89 = 2.33,
w50/w10 = 1.31,
w90/w10 = 3.05.
B. The wage inequality increased in this local market.
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