Wage Dispersion: Why Are Similar Workers Paid Differently? - Couverture souple

Mortensen, Dale T.

 
9780262633192: Wage Dispersion: Why Are Similar Workers Paid Differently?
Couverture souple
ISBN 10 : 0262633191 ISBN 13 : 9780262633192
Editeur : MIT Press, 2005

Synopsis

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.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Dale Mortensen is Ida C. Cook Professor of Economics, a former Chairman of the Economics Department, and Director of the Mathematical Methods in the Social Sciences Program at Northwestern University. He is a founding editor of the Review of Economic Dynamics and a Fellow of the Econometrics Society and the American Academy of Arts and Sciences. He received the 2010 Nobel Prize in Economics.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
MIT Press
Date d'édition
2005
Langue
anglais
ISBN 10 
0262633191
ISBN 13 
9780262633192
Reliure
Broché
Nombre de pages
158
Coordonnées du fabricant
non disponible
Personne responsable
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
22763
Allemagne

Autres éditions populaires du même titre

9780262134330: Wage Dispersion: Why Are Similar Workers Paid Differently?

Edition présentée

ISBN 10 :  0262134330 ISBN 13 :  9780262134330
Editeur : The MIT Press, 2003
Couverture rigide