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Book Efficiency Wages  Inter industry Wage Differentials  and the Returns to Ability

Download or read book Efficiency Wages Inter industry Wage Differentials and the Returns to Ability written by McKinley L. Blackburn and published by . This book was released on 1988 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unobserved Ability  Efficiency Wages  and Interindustry Wage Differentials

Download or read book Unobserved Ability Efficiency Wages and Interindustry Wage Differentials written by McKinley L. Blackburn and published by . This book was released on 1991 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Efficiency Wages and Industry Wage Differentials

Download or read book Efficiency Wages and Industry Wage Differentials written by Paul Chen and published by . This book was released on 1996 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Theory of Inter industry Wage Differentials

Download or read book A Theory of Inter industry Wage Differentials written by Julio Rotemberg and published by . This book was released on 1986 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unobservred Ability  Efficiency Wages  Interindustry Wage Differentials

Download or read book Unobservred Ability Efficiency Wages Interindustry Wage Differentials written by MacKinley L. Blackburn and published by . This book was released on 1991 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Inter industry Wage Differentials and the Role of Workers  Concern for Equity

Download or read book Inter industry Wage Differentials and the Role of Workers Concern for Equity written by and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Compensating Wage Differentials Versus Efficiency Wages

Download or read book Compensating Wage Differentials Versus Efficiency Wages written by Mahmood Arai and published by . This book was released on 1991 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technological Change and Wages

Download or read book Technological Change and Wages written by Ann Bartel and published by . This book was released on 1997 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Efforts and Wages

Download or read book Efforts and Wages written by Edward E. Leamer and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book An Analysis of Inter industry Wage Differentials

Download or read book An Analysis of Inter industry Wage Differentials written by Marion Smith Picard and published by . This book was released on 1993 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Does Unmeasured Ability Explain Inter Industry Wage Differentials

Download or read book Does Unmeasured Ability Explain Inter Industry Wage Differentials written by Robert Gibbons and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: version of the unmeasured-ability explanation.

Book The Relation Between Skill Levels and the Cyclical Variability of Employment  Hours  and Wages

Download or read book The Relation Between Skill Levels and the Cyclical Variability of Employment Hours and Wages written by Mr.Eswar Prasad and published by International Monetary Fund. This book was released on 1993-05-01 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses micro panel data to examine differences in the cyclical variability of employment, hours, and real wages for skilled and unskilled workers. Contrary to conventional wisdom, we find that, at the aggregate level, skilled and unskilled workers are subject to essentially the same degree of cyclical variation in wages. However, important differences emerge in the patterns of employment and hours variation for skilled versus unskilled workers, especially when a college degree is used as a proxy for skills. We find that the quality of labor input per manhour tends to rise in recessions, thereby inducing a countercyclical bias in aggregate measures of the real wage. We also find substantial differences across industries in the cyclical variation of employment, hours, and wage differentials, which we interpret as indicative of important inter-industry differences in labor contracting.

Book Industry Wage Differentials Revisited

Download or read book Industry Wage Differentials Revisited written by John P. Haisken-DeNew and published by . This book was released on 1999 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Efficiency Wage Theories

Download or read book Efficiency Wage Theories written by and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys recent developments in the literature on efficiency wage theories of unemployment. Efficiency wage models have in common the property that in equilibrium firms may find it profitable to pay wages in excess of market clearing. High wages can help reduce turnover, elicit worker effort, prevent worker collective action, and attract higher quality employees. Simple versions of efficiency wage models can explain normal involuntary unemployment, segmented labor markets, and wage differentials across firms and industries for workers with similar productive characteristics. Deferred payment schemes andother labor market bonding mechanisms appear to be able to solve some efficiency wage problems without resultant job rationing and involuntary unemployment. A wide variety of evidence on inter-industry wage differences is analyzed. Efficiency wage models appear useful in explaining the observed pattern of wage differentials. The models also provide several potential mechanisms for cyclical fluctuations in response to aggregate demand shocks.

Book Industry Wage Differentials  Unobserved Ability  and Rent Sharing

Download or read book Industry Wage Differentials Unobserved Ability and Rent Sharing written by Robert Plasman and published by . This book was released on 2006 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: