Market Responses to Interindustry Wage Differentials PDF Download
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Languages : en
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Book Description
The U.S. National Bureau of Economic Research (NBER) presents an abstract of "Market Responses to Interindustry Wage Differentials," one of the papers in the NBER Working Paper Series by George J. Borjas and Valerie A. Ramey. The paper examines the link between interindustry wage differentials and subsequent growth of industry variables. The full text of the paper is available for purchase.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The U.S. National Bureau of Economic Research (NBER) presents an abstract of "Market Responses to Interindustry Wage Differentials," one of the papers in the NBER Working Paper Series by George J. Borjas and Valerie A. Ramey. The paper examines the link between interindustry wage differentials and subsequent growth of industry variables. The full text of the paper is available for purchase.
Author: George J. Borjas
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ISBN:
Category : Input-output analysis
Languages : en
Pages : 41
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Book Description
This paper examines the link between interindustry wage differentials and subsequent growth of industry variables such as employment, GDP and labor productivity. We find that industries that paid higher than average wages in 1959 experienced significantly lower employment growth and GDP growth in the subsequent 30 to 40 years, while at the same time experiencing higher-than-average growth in the capital-labor ratio and in labor productivity. We argue that the evidence is best explained by a non-competitive model of the interindustry wage structure, as both firms and the market respond to the wage rigidity implied by the long-run persistence of the interindustry wage structure
Author: George J. Borjas
Publisher:
ISBN:
Category :
Languages : en
Pages : 41
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Author: George J. Borjas
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ISBN:
Category : Labor productivity
Languages : en
Pages : 41
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Author: George J. Borjas
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ISBN:
Category :
Languages : en
Pages : 0
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Author: Surendra Gera
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ISBN:
Category : Unemployment
Languages : en
Pages : 68
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Author: Julio Rotemberg
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ISBN:
Category : Wages
Languages : en
Pages : 54
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Author: Ira Terry Kay
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ISBN:
Category : Wages
Languages : en
Pages : 298
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Author: Marion Smith Picard
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ISBN:
Category : Occupational mobility
Languages : en
Pages : 220
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Author: Jean Helwege
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 58
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