Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/34836
Authors: 
Hirsch, Barry T.
Year of Publication: 
2008
Series/Report no.: 
IZA Discussion Papers 3375
Abstract: 
The law of one wage does not strictly hold, nor should it be expected to hold, in contemporary labor markets. The law of one wage, however, provides a surprisingly good first approximation of the structure of U.S. wages. This generalization is drawn from research on a diverse set of topics: the Mincerian wage equation and earnings imputation, union wage differentials, product market regulation and the labor market, wages in male and female jobs, the wage effects of military service, and interarea wages and cost-of-living.
Subjects: 
Wage differentials
imputation
unions
cost-of-living
regulation, wages
JEL: 
J01
Document Type: 
Working Paper

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