Labour Market Segmentation : Wage Differentials and Hysteresis Effects

Competitive labour market analysis proposes that an individual's human capital endowment is the main mechanism for pay determination. This study develops a model to highlight hysteresis effects on either investment in physical capital for firms or investment in human capital for workers on wage differentials

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Year of publication:	2005
Authors:	McCausland, W. David ; Theodossiou, Ioannis
Publisher:	[S.l.] : SSRN
Subject:	Arbeitsmarktsegmentation \| Labour market segmentation \| Lohnstruktur \| Wage structure \| Hysterese \| Hysteresis \| Theorie \| Theory

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Extent:	1 Online-Ressource (17 p)
Type of publication:	Book / Working Paper
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

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