Sources of Intra-Industry Wage Dispersion: How Much Do Employers Matter?

Sources of Intra-Industry Wage Dispersion: How Much Do Employers Matter?

Observed human capital explains less than half of wage variation. In BLS Industry Wage Surveys, establishment-based wage differentials (controlling for occupation) account for 20–70 percent of intra-industry wage variation. This corresponds to a standard deviation in wages of 14 percent of the mean,...

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Veröffentlicht in:The Quarterly journal of economics 1991-08, Vol.106 (3), p.869-884
1. Verfasser: Groshen, Erica L.
Format: Artikel
Sprache:eng
Schlagworte:
Blue collar workers
Comparative studies
Economic models
Economic statistics
Economics
Employers
Employment
Human capital
Industrial unions
Industry
Job classification
Labor markets
Manufacturing industries
Occupations
Statistical variance
Variance analysis
Wage differential
Wages
Wages & salaries
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Beschreibung
Zusammenfassung:Observed human capital explains less than half of wage variation. In BLS Industry Wage Surveys, establishment-based wage differentials (controlling for occupation) account for 20–70 percent of intra-industry wage variation. This corresponds to a standard deviation in wages of 14 percent of the mean, almost as large as interindustry wage variation. Investigation suggests that establishment wage differentials are not random variations or returns to usual measures of human capital.
ISSN:0033-5533
1531-4650
DOI:10.2307/2937931