Kampelmann, Stephan; Rycx, François - In: Reflets et perspectives de la vie économique L (2011) 4, pp. 119-131
Conventional models of earnings assume that the occupational pay structure reflects the distribution of marginal productivities. Although ubiquitious in the literature, the underlying hypothesis that wages equal marginal products rests on weak empirical footing: extant studies from the 1970s...