Analyzed determinants of wage rates of older workers and the large discrepancies existing between wage earned by Whites, non-Whites, men, and women. Human capital and geographic variables were important wage determinants. Differences in variables cannot completely explain the wage differentials of race and sex. (Author)

Part A of this report examines the causes of the labor market problems of older workers and the policies that could alleviate these problems. Chapter I presents an overview of the report, including a summary of findings and conclusions and recommendations for improving the employment conditions of older workers. Chapter II describes the general…