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This paper examines differences in pay for equally skilled workers in different industries. The major finding is that there is substantial dispersion in wages across industries, even after allowing for measured and unmeasured labor quality, working conditions, fringe benefits, transitory demand...
Persistent link: https://www.econbiz.de/10005085159
Persistent link: https://www.econbiz.de/10010026039
This paper reviews available evidence on the inter-industry wage structure. The inter-industry wage structure is remarkably similar in different eras, in different countries, and among different types of workers. Industries with high capital-to-labor ratios, monopoly power and high profits pay...
Persistent link: https://www.econbiz.de/10005088920