rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Wage dispersion
    sub title: why are similar workers paid differently?
  name:
    name part: Mortensen, Dale.
    role:
      role term: creator
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: mau
    place:
      place term: Cambridge, Mass
    publisher: MIT Press
    date issued: ©2003
    date issued: 2003
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (xii, 143 pages) : illustrations.
  abstract: Why are workers with identical skills found in both "good" jobs and "bad" jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In Wage Dispersion, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these differentials, or wage dispersion, are largely the result of job search friction (which arises when workers do not know the wages offered by all employers) and cross-firm differences in wage policy and productivity.Mortensen examines previous theoretical explanations for wage dispersion, testing them against data from a Danish matched employer-employee database. He begins by offering a simple one-period model of the problem, then expands this basic model intertemporally to include the role of on-the-job worker search behavior. Following this, he discusses theoretical modifications that offer an explanation for the nature of observed wage dispersion, particularly the shape of cross-firm wage distribution. He then examines the hypothesis that wage policies are determined by profit-maximizing behavior and finds that the Danish data do not support it; he argues that bilateral wage bargaining is the more likely determinant. Finally, he reviews recent work that extends the basic theoretical framework to explain wage dispersion within firms.
  note: Dale T. Mortensen.
  subject:
    topic: Pay equity
  subject:
    topic: Equal pay for equal work
  subject:
    topic: Wages and labor productivity
  subject:
    topic: Wages
    topic: Mathematical models
  subject:
    topic: ECONOMICS/Labor Studies
  classification: HD6061 .M87 2003eb
  classification: 331.2/1/01
  identifier: 9780262280242
  identifier: 0262280248
  identifier: 0585481865
  identifier: 9780585481869
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: OCoLC-P
    record creation date: 031211
    record change date: 20221121162336.1
    record identifier: in00004600797
    language of cataloging:
      language term: eng