Wage Structure Raises And Mobility
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Wage Structure Raises And Mobility
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Author : Edward P. Lazear
language : en
Publisher:
Release Date : 2007
Wage Structure Raises And Mobility written by Edward P. Lazear and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Labor market categories.
The returns to talent or performance have grown over time in developed countries. Is talent concentrated in a few firms or are firms virtual microcosms of the economy, each having close to identical distributions of talent? The data show that talent is not concentrated in a few companies, but is widely dispersed across companies. Wage dispersion within firms is nearly as high as the wage dispersion overall. The standard deviation of wages within the firm is about 80% of the standard deviation across all workers in the economy. Firms are more similar than they are dissimilar, but they are not identical: the firm mean wage displays considerable dispersion across the population of firms. There is evidence that talent is becoming more concentrated over time within some firms relative to others. In four countries that estimated wage regressions with firm fixed effects, the firm fixed effects are contributing more to the R-squared of the wage regression over time. Law firms have more lawyers than janitors. Janitorial firms have more janitors than lawyers and the differences between firms have become more pronounced. Still, the variance of wages within the average firms remains high.
The Structure Of Wages
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Author : Edward P. Lazear
language : en
Publisher: University of Chicago Press
Release Date : 2009-05-15
The Structure Of Wages written by Edward P. Lazear and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-05-15 with Business & Economics categories.
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.
The Structure Of Labor Markets
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Author : Lloyd George Reynolds
language : en
Publisher: Westport, Conn : Greenwood Press
Release Date : 1951
The Structure Of Labor Markets written by Lloyd George Reynolds and has been published by Westport, Conn : Greenwood Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1951 with Business & Economics categories.
The Structure Of Labor Markets Wages And Labor Mobility In Theory And Practice
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Author : L. G. Reynolds
language : en
Publisher:
Release Date : 1963
The Structure Of Labor Markets Wages And Labor Mobility In Theory And Practice written by L. G. Reynolds and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with categories.
Wage Structures Employment Adjustments And Globalization
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Author : David Marsden
language : en
Publisher: Palgrave MacMillan
Release Date : 2010-04-21
Wage Structures Employment Adjustments And Globalization written by David Marsden and has been published by Palgrave MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-21 with Business & Economics categories.
This volume examines the development of linked and panel data sets for European labour market and social policy analysis, with special focus on labour turnover flows and mobility, the role of labour market institutions and firms human resource strategies in relation to wages, and the labor market outcomes of internationalization.
Does A Flexible Industry Wage Structure Increase Employment
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Author : Linda A. Bell
language : en
Publisher:
Release Date : 1985
Does A Flexible Industry Wage Structure Increase Employment written by Linda A. Bell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Industrial management categories.
Finds that flexible wages have not contributed to employment growth.
Job Mobility And Earnings Over The Life Cycle
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Author : George J. Borjas
language : en
Publisher:
Release Date : 1978
Job Mobility And Earnings Over The Life Cycle written by George J. Borjas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Labor mobility categories.
The paper analyzes the effects of job mobility on earnings both at young and at older ages. The model takes into account the discontinuity of earnings across jobs, the decline of human capital investment within the job and over the life cycle, and the effects of mobility on the slope of the earnings profile. Careful attention to the functional form of the earnings equation indicates why the coefficient of the current segment is usually larger than the coefficient of the previous segments. Findings from the NLS data include: (1.) Mobile individuals at all ages invest significantly less in on-the-job training. (2.) Although job mobility is associated with significant wage gains (across jobs), there is a substantial wage differential between the mobile and the non-mobile at older ages. (3.) The explanatory power of the earnings equation is significantly increased by accounting for the effects of job mobility; job mobility is an important determinant of the wage structure.
Labor Markets And Wage Determination
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Author : Clark Kerr
language : en
Publisher: Univ of California Press
Release Date : 2023-11-10
Labor Markets And Wage Determination written by Clark Kerr and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-10 with categories.
Nominations Of Edward P Lazear Randall S Kroszner And Kevin M Warsh
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Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
language : en
Publisher:
Release Date : 2007
Nominations Of Edward P Lazear Randall S Kroszner And Kevin M Warsh written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Political Science categories.
The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2021-12-09
The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-09 with categories.
Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.