Industry Wage Differentials, Unobserved Ability, and Rent-Sharing

Industry Wage Differentials, Unobserved Ability, and Rent-Sharing PDF Author: Robert Plasman
Publisher:
ISBN:
Category :
Languages : en
Pages : 85

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Industry Wage Differentials, Unobserved Ability, and Rent-sharing

Industry Wage Differentials, Unobserved Ability, and Rent-sharing PDF Author: Robert Plasman
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Unobserved Ability, Efficiency Wages, and Interindustry Wage Differentials

Unobserved Ability, Efficiency Wages, and Interindustry Wage Differentials PDF Author: McKinley L. Blackburn
Publisher:
ISBN:
Category : Ability
Languages : en
Pages : 40

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Book Description
Interindustry wage differentials in wage regressions estimated for individuals have been interpreted as evidence consistent with efficiency wage models. A principal competing explanation is that these differentials are generated by differences across workers in unobserved ability. This paper tests the unobserved ability hypothesis .by incorporating test scores into standard wage regressions as error-ridden indicators of unobserved ability. The results indicate that differences in unobserved ability explain relatively little of interindustry or interoccupation wage differentials.

Inter-Industry Wage Differentials in Greece

Inter-Industry Wage Differentials in Greece PDF Author: Evangelia Papapetrou
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This paper examines the structure and determinants of inter-industry wage differentials in Greece, along with the role of the rent-sharing and unobserved heterogeneity hypotheses, employing restricted least squares and quantile regression techniques with cluster robust standard errors at the firm level. To this end, a unique dataset, the European Union Structure of Earnings Survey (SES), is utilized. Data refer to 2010 when the first elements of the economic adjustment programme to deal with the chronic deficiencies of the Greek economy and restore sustainable public finances, competitiveness and set the foundation for long-term growth were beginning to be implemented. Results point to high wage dispersion across industries at the mean of the conditional wage distribution, even after controlling for personal and workplace characteristics. However, evidence for the unobserved heterogeneity hypothesis is rather scant. Therefore, there is room for efficiency wage or rent-sharing theories in accounting for a large part of inter-industry wage differentials tentatively implying that firm heterogeneity in the ability-to-pay matters more than employee unobservable attributes in the wage determination process.

Interindustry Wage Differentials and Unobserved Ability

Interindustry Wage Differentials and Unobserved Ability PDF Author: Anders Bjorklund
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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We examine the role of unobserved ability in explaining interindustry wage differentials. By using data on brothers, we account for unmeasured abilities shared by siblings. The data came from four Nordic countries and the United States. In the Nordic countries, only a moderate proportion of the variability in industry wages can be attributed to unobserved ability, while unmeasured factors explain as much as half of the U.S. industry-wage variation. Accounting for such differences, we show that the U.S. interindustry wage dispersion is similar with that in the Nordic countries.

Inter-Industry Wage Differentials and Unobserved Ability

Inter-Industry Wage Differentials and Unobserved Ability PDF Author: Anders Björklund
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Efforts and Wages

Efforts and Wages PDF Author: Edward E. Leamer
Publisher:
ISBN:
Category : Wage differentials
Languages : en
Pages : 52

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We provide evidence that US workers face a wage-effort offer curve with the high-wage high-effort jobs occurring in the capital intensive sectors. We find that real wage offers rose at every level of effort during the 1960's, a shift which is consistent with a decline in the rental cost of capital. During the 1970's, when relative prices of labor-intensive goods declined, the wage-effort offer curve twisted, offering lower pay for the low-paid jobs in the labor-intensive sectors but higher pay for the high-paid jobs in the capital-intensive sectors. In the 1980's, workers at every wage level began to work more hours for the same weekly wage. This we loosely attribute either to the increasing cost of non-wage benefits, especially health care, or to the introduction of new equipment. In studying the wage-effort offer curve rate of unionization, education, and rent sharing.

Inter-industry wage differentials and unobserved ability: siblings evidence from five countries

Inter-industry wage differentials and unobserved ability: siblings evidence from five countries PDF Author:
Publisher:
ISBN:
Category :
Languages : de
Pages :

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Interregional Wage Differentials and the Effects of Regional Mobility on Earnings of Workers in G.

Interregional Wage Differentials and the Effects of Regional Mobility on Earnings of Workers in G. PDF Author: Florian Lehmer
Publisher: wbv Media GmbH & Company KG
ISBN: 3763940170
Category : Social Science
Languages : en
Pages : 209

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Book Description
Diese Dissertation untersucht, welchen Effekt die Bereitschaft von Arbeitnehmern zu räumlicher Mobilität auf die Höhe der Entlohnung hat. Nach einer Einführung über die vorhandene Literatur und den theoretischen Hintergrund der internationalen Mobilitätsforschung vergleicht der Autor die Einkommenshöhe von mobilen und ortsfesten Arbeitnehmern in Deutschland sowie die Entwicklung des Einkommens von Menschen, die innerhalb einer Region den Arbeitsplatz wechseln. Weitere Untersuchungen widmen sich den Fragen, welchen Einfluss das Geschlecht, die Firmengröße oder die Bevölkerungsdichte der Region auf die Einkommenshöhe haben. Die Arbeit ist die erste umfassende Studie zu den Lohneffekten räumlicher Mobilität in Deutschland. Publikationssprache: Englisch

Monthly Labor Review

Monthly Labor Review PDF Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 132

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Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.