Share of change in new entrant men’s black-white wage gaps accounted for by observable and unobservable factors, by time period, 1979—2015
Total observables | Total unobservables | Total | |
---|---|---|---|
1979–1985 | 1.04 | 4.73 | 0 |
1985–1996 | 1.38 | -1.13 | 0 |
1996–2000 | -2.04 | -1.74 | 0 |
2000–2007 | 0.74 | 1.58 | 0 |
2007–2015 | 1.55 | 2.43 | 0 |
Note: The * signifies total net change labels where the change is statistically insignificant. Experienced workers have 11 to 20 years of experience. New entrants have 0 to 10 years of experience. Change in gaps are of adjusted average hourly wages. Labels on top of bars indicate net change in the black-white wage gap. Total unobservables include factors such as racial discrimination, unobservable skills, and wage inequality. Total observables include education, experience, region of residence, and metro status.
Source: EPI analysis of Current Population Survey (CPS) Outgoing Rotation Group microdata