Author: Wesley Mellow
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 64

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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:
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 12

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Author: Petr Poldauf
Publisher:
ISBN:
Category :
Languages : en
Pages :

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It has long been observed that large firms pay higher wages than small firms. This thesis investigates a favorite hypothesis that firm size-wage premium (FSWP) reflects better skills of workers concentrated in large firms. I use two datasets from Germany covering years 2000 through 2006. The first one allows analyzing the FSWP with unique controls for worker skills and job characteristics. The second one exploits panel format and allows controlling for unobservable personal heterogeneity entirely. The results show that labor quality cannot fully explain the size-wage differentials. Controlling for observable skills has a small negative impact on the size of the FSWP and controlling for unobservable characteristics reduces the FSWP by three-quarters. It is shown that the first method tends to overestimate, whereas the second method tends to underestimate the FSWP.

Author: James B. Rebitzer
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 17

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Recently developed effort regulation models argue that labor markets are segmented because of differences in the technology of supervision across firms. primary jobs pay above market clearing wages because these jobs are difficult to monitor. Secondary jobs, in contrast, pose no monitoring difficulties and therefore pay a market clearing wage. If, as the literature suggests, increases in employer size make supervision more difficult, we should observe that wages increase with employer size in primary jobs but not in secondary jobs. We test this hypothesis using a switching regression model. We find evidence of an employer size wage effect in both primary and secondary labor markets. However, consistent with the prediction of effort control models, the size effect on wages is considerably larger in primary than secondary jobs.

Author:
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 48

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Book Description
Tiivistelmä: Työnantajan kokoon liittyvät palkkaerot pohjoismaissa.

Author:
Publisher: W.E. Upjohn Institute
ISBN: 0880992328
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Topics covered include theories and changes of labour markets, wage structures, job characteristics, skills and wages, pay flexibility.

Author: Charles Brown
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 68

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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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Book Description
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: Erling Barth
Publisher:
ISBN:
Category :
Languages : en
Pages :

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