Borjas, George J. - Federal Reserve Bank <New York, NY> - 1995
andexplain the dramatic changes in the wage distributionthat occurred during the 1980s (see also Katz andMurphy 1992 … 14 percent drop in thereal wage, workers at the 66th percentile experienced onlya 6 percent drop, and workers in the … upper tail of the distributionexperienced a 1 percent wage increase. Therefore,the widening of the wage distribution …