Ilmakunnas, Pekka (contributor); Maliranta, Mika (contributor) - 2007
their wage
level is, however, reasonably close to the average. Other labor flows instead have generally
more neutral … productivity, we can use a similar decomposition for the average wage level in
the firm. In this case we just replace Y in the … is an unob-
served firm-specific component in the productivity or average wage level, it is eliminated when
rates of …