Interindustry Wage Differentials and Efficiency Wages PDF Download
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Author: Surendra Gera
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 68
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Book Description
Author: Surendra Gera
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 68
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Book Description
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.
Author: Paul Chen
Publisher:
ISBN:
Category : Wage differentials
Languages : en
Pages : 48
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Author: Julio Rotemberg
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 54
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Author: Paul Chen
Publisher:
ISBN:
Category : Bonuses (Employee fringe benefits)
Languages : en
Pages : 40
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Author: Edward E. Leamer
Publisher:
ISBN:
Category : Wage differentials
Languages : en
Pages : 52
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Book Description
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.
Author: Mahmood Arai
Publisher:
ISBN:
Category : Supervision of employees
Languages : en
Pages : 24
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Author: Yoram Weiss
Publisher: Springer
ISBN: 1349106887
Category : Social Science
Languages : en
Pages : 350
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Book Description
A collection of papers which analyzes and measures unemployment as a search activity, discusses efficiency wage models and which considers the impact of government and unions on employment and unemployment.
Author: John P. Haisken-DeNew
Publisher:
ISBN:
Category :
Languages : en
Pages : 68
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Author: Steven G. Allen
Publisher:
ISBN:
Category : Manufactures
Languages : en
Pages : 60
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Book Description
This paper documents and analyzes changes in the wage structure across manufacturing industries over the last one hundred years. Inter-industry differentials in wages are highly stable for production workers, but autocorrelation patterns for nonproduction workers are considerably weaker. Industry wage patterns are very similar for production and nonproduction workers today, but this has been true only since 1958. Dispersion of wages across industries has shown varying trends over the last one hundred years, but has never in this century been higher than it is today. The variables that are most strongly correlated with wage growth are productivity growth, rising union density, rising capital intensity, and profit growth.
