Wage Dispersion pdf epub mobi txt 电子书 下载 2024


Wage Dispersion

简体网页||繁体网页
Dale T Mortensen
MIT Press
2005-2-8
160
GBP 16.99
Paperback
9780262633192

图书标签: 经济学  经济,政治和历史   


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发表于2024-11-25

Wage Dispersion epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Wage Dispersion epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Wage Dispersion pdf epub mobi txt 电子书 下载 2024



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Why are workers with identical skills found in both "good" jobs and "bad" jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In Wage Dispersion, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these differentials, or wage dispersion, are largely the result of job search friction (which arises when workers do not know the wages offered by all employers) and cross-firm differences in wage policy and productivity.Mortensen examines previous theoretical explanations for wage dispersion, testing them against data from a Danish matched employer-employee database. He begins by offering a simple one-period model of the problem, then expands this basic model intertemporally to include the role of on-the-job worker search behavior. Following this, he discusses theoretical modifications that offer an explanation for the nature of observed wage dispersion, particularly the shape of cross-firm wage distribution. He then examines the hypothesis that wage policies are determined by profit-maximizing behavior and finds that the Danish data do not support it; he argues that bilateral wage bargaining is the more likely determinant. Finally, he reviews recent work that extends the basic theoretical framework to explain wage dispersion within firms.

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