Nickell, Stephen J; Wadhwani, Sushil - In: Economic Journal 100 (1990) 401, pp. 496-509
This paper investigates the relative importance of firm-specific factors (i.e., insider forces) in wage determination. Using firm-level data on 219 U.K. companies over 1974-82, it finds that a 1 percent rise in a firm's prices or productivity relative to the aggregate economy leads to a rise in...
