Efficiency Wages, Inter-industry Wage Differentials, and the Returns to Ability PDF Download
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Author: McKinley L. Blackburn
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 54
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Book Description
Author: McKinley L. Blackburn
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 54
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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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Book Description
Author: Julio Rotemberg
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 54
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Book Description
Author: Paul Chen
Publisher:
ISBN:
Category : Bonuses (Employee fringe benefits)
Languages : en
Pages : 40
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Book Description
Author: MacKinley L. Blackburn
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Ann Bartel
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 64
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Book Description
Previous research has found evidence that wages in industries characterized as high tech, ' or subject to higher rates of technological change, are higher. In addition, there is evidence that skill-biased technological change is responsible for the dramatic increase in the earnings of more educated workers relative to less educated workers that took place during the 1980s. In this paper, we match a variety of industry level measures of technological change to a panel of young workers observed between 1979 and 1993 (NLSY) and examine the role played by unobserved heterogeneity in explaining the positive relationships between technological change and wages, and between technological change and the education premium. We find evidence that the wage premium associated with technological change is primarily due to the sorting of better workers into those industries. In addition, the education premium associated with technological change is found to be the result of an increase in demand for the innate ability or other observable characteristics of more educated workers.
Author: Marion Smith Picard
Publisher:
ISBN:
Category : Occupational mobility
Languages : en
Pages : 220
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Author: Robert Gibbons
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Abstract: version of the unmeasured-ability explanation.
