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Studies of public/private sector wage differentials typically assume that the govenment and union status of a worker …. Consistent wage equation estimates are then derived using a generalization of the now familiar two-step estimation procedure … selection effects produces larger union wage premiumsin the public as compared to the private sector. While this is in contrast …
Persistent link: https://www.econbiz.de/10013235892
Between 1940 and 1950 wage differentials within and between labor market groups narrowed significantly - the so …-called 'Great Compression'. This paper disaggregates the Great Compression into its public and private components. Wage compression … of aggregate wage compression in the 1940s. The experience of the 1940s stands in stark contrast with that of the past …
Persistent link: https://www.econbiz.de/10013237561
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Studies of public/private sector wage differentials typically assume that the govenment and union status of a worker …. Consistent wage equation estimates are then derived using a generalization of the now familiar two-step estimation procedure … selection effects produces larger union wage premiumsin the public as compared to the private sector. While this is in contrast …
Persistent link: https://www.econbiz.de/10012477154
Persistent link: https://www.econbiz.de/10012485126
Persistent link: https://www.econbiz.de/10012440101
Persistent link: https://www.econbiz.de/10012501068
on the other EU member states, the novelty in this paper is the inclusion of the minimum wage as a possible conditional … determinant of the other two wages. We demonstrate that minimum wage increases do not cause changes in average wages in either the … government or the private sector. Using variety of econometric tests, we also demonstrate the leadership of private sector wage …
Persistent link: https://www.econbiz.de/10011724259
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