Figure 1.

Change of percentiles of the log real earnings distribution. Notes: Raw log earnings and the CS sample. All percentiles normalized to 0 in 1975. Shaded areas are recessions. Source: ASHE.

Change of percentiles of the log real earnings distribution. Notes: Raw log earnings and the CS sample. All percentiles normalized to 0 in 1975. Shaded areas are recessions. Source: ASHE.