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In this paper we model the determinants of firm level wages and employment explicitly allowing for firm and worker …
Persistent link: https://www.econbiz.de/10013218820
This paper tests some empirical implications of the general human capital model's explanation of rising wage profiles. At the individual level, the model implies that there will be a negative relationship between the initial wage level and wage growth of young, inexperienced workers. At the...
Persistent link: https://www.econbiz.de/10013231577
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...
Persistent link: https://www.econbiz.de/10013308349
to be lower for domestic entrepreneurs than for foreign ones, but foreign producers enjoy a countervailing productivity … advantage. Under these asymmetries, multinationals pay higher wages than domestic producers, in line with the insight of … efficiency wages and with the evidence about the multinationals wage premium.' FDI is also more sensitive to increases in …
Persistent link: https://www.econbiz.de/10013310209
period of the contract. The only important exception is the indexing of wages to the cost of living. 2. Employers are … the other hand, current wages in other industries have an important influence. This feature especially has been denied or …
Persistent link: https://www.econbiz.de/10013229840
supportive of the relevance of these theories. Ford's decision to dramatically increase wages is most plausibly portrayed as the … substantial queues for Ford jobs. Finally, significant increases in productivity and profits at Ford accompanied the introduction …
Persistent link: https://www.econbiz.de/10013210650
decisions, firm entry and exit, and transitory firm productivity shocks are incorporated into the model.Given that the cost of … which wages are not contingent on firm size but more productive employers always pay higher wages. Although the state space …
Persistent link: https://www.econbiz.de/10013121599
to study the effects of firm-level contracting on the structure of wages. We estimate a series of wage determination …
Persistent link: https://www.econbiz.de/10013230999
welfare). I argue that while policies to favor high wage industries may increase productivity, the effects in developed …
Persistent link: https://www.econbiz.de/10013219303
engineers proportion (SEP) of employment, and productivity and labor earnings. We show that: (1) most scientists and engineers …&D); (2) productivity is higher in manufacturing establishments with higher SEP, and increases with increases in SEP; (3 … important pathway for increasing productivity and earnings, separate and distinct from the work of scientists and engineers who …
Persistent link: https://www.econbiz.de/10012954468