Compensating differentials in experimental labor markets
نویسندگان
چکیده
منابع مشابه
Compensating differentials in experimental labor markets
The theory of compensating differentials has proven difficult to test with observational data: the consequences of selection, unobserved firm and worker characteristics, and the broader macroeconomic environment complicate most analyses. Instead, we construct experimental, real-effort labor markets and offer an evaluation of the theory in a controlled setting. We study both the wage differentia...
متن کاملWage Differentials in Experimental Efficiency Wage Markets
In recent years, many econometric studies have confirmed the existence of inter-industry wage differentials. Even after controlling for a large number of joband worker related characteristics, and demographic variables, large and statistically significant industry wage differences remain. Moreover, these differences exist for union as well as for non-union workers and seem to be remarkably simi...
متن کاملCompensating Differentials and Unmeasured Ability in the Labor Market for Nurses: Why Do Hospitals Pay More?
Nurses employed in hospitals realize a large wage advantage relative to nurses employed elsewhere. This paper examines alternative sources of the hospital premium, a topic of some interest given the current shifting of medical care out of hospitals. Whereas cross-sectional estimates indicate a hospital RN wage advantage of roughly 20 percent, longitudinal analysis suggests that a third to a hal...
متن کاملJob Dispersion and Compensating Wage Differentials
The empirical literature on compensating wage differentials has a mixed history. While there have been some successes, much of this research finds weak support for the theory of equalizing differences. We argue that these negative results can be explained by bias in estimated compensating wage differential regressions. The source of this bias is dispersion in total job values, or “job dispersio...
متن کاملStatistical Discrimination in Labor Markets: An Experimental Analysis
This article reports results from controlled laboratory experiments designed to study secondmoment (that is, risk-based) statistical discrimination in a labor market setting. Since decision makers may not view risk in the same way as economists or statisticians (that is, risk = variance of distribution), we also examine alternative measures of risk: the support of the distribution and the proba...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Behavioral and Experimental Economics
سال: 2017
ISSN: 2214-8043
DOI: 10.1016/j.socec.2017.05.007