Wage Differentials: An International Comparison

Wage Differentials: An International Comparison PDF

Author: Toshiaki Tachibanaki

Publisher: Springer

Published: 2016-07-27

Total Pages: 385

ISBN-13: 1349262811

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Wages are a vital economic variable in their influence on employment and unemployment and as the main source of personal income, affecting both living standards and labour incentives. Wage determination is studied here in an international perspective, using a common theoretical framework and statistical method through the individual country chapters to reveal similarities and differences between Japan, South Korea, the United States, Canada, Australia, the United Kingdom, Germany and France.

Unobserved Ability, Efficiency Wages, and Interindustry Wage Differentials

Unobserved Ability, Efficiency Wages, and Interindustry Wage Differentials PDF

Author: McKinley L. Blackburn

Publisher:

Published: 1991

Total Pages: 40

ISBN-13:

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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 tests the unobserved ability hypothesis .by incorporating test scores into standard wage regressions as error-ridden indicators of unobserved ability. The results indicate that differences in unobserved ability explain relatively little of interindustry or interoccupation wage differentials.

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