Employer Size Or Skill-Group Size Effect on Wages? PDF Download
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Author: Erling Barth
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Erling Barth
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Steven J. Davis
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 72
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We study how the hourly wage structure varies with establishment size and how wage dispersion breaks down into between-plant and within-plant components Our study combines household and establishment data for the U.S. manufacturing sector in 1982. 1) Wage dispersion falls sharply with establishment size for nonproduction workers and mildly for production workers. 2) Size-class differences in wage dispersion often mask even sharper differences in the dispersion of wages generated by observable worker characteristics and in the 'skill prices' on those characteristics. 3) In terms of dispersion in predicted log wages worker heterogeneity tends to rise with establishment size production workers are much more homogenous in the union sector, but only at plants with 1,000 or more workers. 4) Unobserved factors generate sharply greater wage dispersion at smaller establishments. 5) The variance in mean wages across establishments accounts for 59% of total variance. Within-plant wage variance among production workers accounts for a mere 2%. 6) Mean wage differences by size of establishment account for about one-fourth of the total between-plant variance of wages. 7) Between-plant wage dispersion falls sharply with establishment size, entirely accounting for the negative relationship of establishment size to overall wage dispersion. Guided by these and other empirical findings, we assess several hypotheses about the determination of the wage structure.
Author: Daniel Cohen
Publisher: OUP Oxford
ISBN: 0191045683
Category : Business & Economics
Languages : en
Pages : 373
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This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. Both the 'fundamentalist' view and the 'institutionalist' view have some relevance. For instance, the decline of traditional manufacturing employment since the 1970s has been associated in every developed country with a rise of labor-market inequality (the inequality of labor earnings within the working-age population has gone up in all countries), which lends support to the fundamentalist view. But, on the other hand, everybody agrees that institutional differences (minimum wage, collective bargaining, tax and transfer policy, etc.) between Continental European countries and Anglo-Saxon countries explain why disposable income inequality trajectories have been so different in those two groups of countries during the 1980s-90s, which lends support to the institutionalist view. The chapters in this volume show the strength of both views. Through empirical evidence and new theoretical insights the contributors argue that institutions always play a crucial role in shaping inequalities, and sometimes preventing them, but that inequalities across age, sex, and skills often recur. From Sweden to Spain and Portugal, from Italy to Japan and the USA, the volume explores the diversity of the interplay between market forces and institutions.
Author: Dale Belman
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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The rise in inequality between the 1970s and the 1990s and the persistent gap in pay between large and small employers are two of the most robust findings in the study of labor markets. Mainstream economists focus on differences in observable and unobservable skills to explain both the overall rising inequality and the size-wage gap. In this paper we model how increasing returns to skill can affect the size-wage gap both with constant sorting and with size-biased, skill-biased technological change (e.g. if large firms always had access to computers, but small firms gained access to computers with the rise of affordable personal computers). We analyze the Current Population Surveys from 1979 to 1993 to determine whether large and small employers are converging in terms of mean wages (the employer size-wage effect), wage structures by occupation and education, characteristics of employees, and wage structures by region. We find mixed evidence of convergence and no consistent support for any single version of human capital theory.
Author: Eric Strobl
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 58
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Author: Edward P. Lazear
Publisher: University of Chicago Press
ISBN: 0226470512
Category : Business & Economics
Languages : en
Pages : 473
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The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.
Author:
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 248
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Author: David S. Kraybill
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 38
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Author:
Publisher: Fundacion BBVA
ISBN:
Category :
Languages : en
Pages : 53
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Author: Jill Rubery
Publisher: OUP Oxford
ISBN: 0198279272
Category : Business & Economics
Languages : en
Pages : 406
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They make significant progress on three fronts: first, they suggest that the determinants of employer policy are both complex and strongly related to product market conditions; secondly, they find that employee attitudes and perceptions are critical to the implementation and effectiveness of employer policy; and, thirdly, they explore the interdependency between internal employment policies and external labour market conditions and begin to develop an integrated approach to internal and external labour markets.
