Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/214838 
Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
GLO Discussion Paper No. 491
Verlag: 
Global Labor Organization (GLO), Essen
Zusammenfassung: 
This study quantitatively assesses two alternative explanations for inter-industry wage differentials: worker heterogeneity in the formof unobserved quality and firmheterogeneity in the form of a firm's willingness to pay (WTP) for workers' productive attributes. We develop an empirical hedonic model of labor demand and apply a two-stage nonparametric procedure to recover worker and firm heterogeneities. In the first stage we recover unmeasured worker quality by estimating market-specific hedonic wage functions nonparametrically. In the second stage we infer each firm's WTP parameters for worker attributes by using first-order conditions from the demand model. We apply our approach to quantify inter-industry wage differentials on the basis of individual data from the NLSY79 and find that worker quality accounts for approximately two thirds of the inter-industry wage differentials.
Schlagwörter: 
hedonic models, inter-industry wage di§erentials, labor quality, wage determination
JEL: 
J31, J24, C51, M51
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
469.2 kB





Publikationen in EconStor sind urheberrechtlich geschützt.