Unobserved Heterogeneity, Job Training and the Employer Size-Wage Effect in Australia
This study attempts to clarify the nature of the employer size–wage effect in Australia by determining the extent to which it can be explained by observed and unobserved quality differences of workers. Our empirical results show that, for men, quality‐adjusted employer size–wage effects are quite sm...
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Veröffentlicht in: | Australian economic review 2012-06, Vol.45 (2), p.158-175 |
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description | This study attempts to clarify the nature of the employer size–wage effect in Australia by determining the extent to which it can be explained by observed and unobserved quality differences of workers. Our empirical results show that, for men, quality‐adjusted employer size–wage effects are quite small and are mostly driven by lower wages for workers in the smallest firms (fewer than 20 workers). For women, size–wage effects disappear when unobserved quality differences are accounted for. We also find that accounting for differences in the incidence of job training has no effect on the structure of wage differences by employer size. |
doi_str_mv | 10.1111/j.1467-8462.2012.00680.x |
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Our empirical results show that, for men, quality‐adjusted employer size–wage effects are quite small and are mostly driven by lower wages for workers in the smallest firms (fewer than 20 workers). For women, size–wage effects disappear when unobserved quality differences are accounted for. We also find that accounting for differences in the incidence of job training has no effect on the structure of wage differences by employer size.</abstract><cop>Melbourne, Australia</cop><pub>Blackwell Publishing Asia</pub><doi>10.1111/j.1467-8462.2012.00680.x</doi><tpages>18</tpages></addata></record> |
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source | Wiley-Blackwell Journals; PAIS Index; Business Source Complete |
subjects | Accounting Australia Australia: Economic conditions Case studies Companies Econometrics Employees Training Employers Gender differences Household, Income and Labour Dynamics (HILDA) Survey Men Sex factors Skilled labour Small business Studies Training Vocational education and training Wage differential Wage differentials Wages Women Women and employment Workers |
title | Unobserved Heterogeneity, Job Training and the Employer Size-Wage Effect in Australia |
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