Do Wages Compensate for Workplace Disamenities?

Détails

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Etat: Public
Version: de l'auteur
ID Serval
serval:BIB_81023B022266
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Do Wages Compensate for Workplace Disamenities?
Périodique
Applied Economics Quarterly
Auteur(s)
Lalive R.
ISSN
1611-6607
Statut éditorial
Publié
Date de publication
2007
Peer-reviewed
Oui
Volume
53
Numéro
3
Pages
273-298
Langue
anglais
Résumé
Adam Smith's idea that the wage structure reflects differences in work conditions is a central tenet of modern competitive theory of the labor market. However, the empirical relevance of this theory of equalizing differences remains unclear. This paper suggests a novel test for compensating wage differentials based on job satisfaction and wages. If wages differentials solely reflect compensation for work conditions, workers will not prefer jobs with high wages to jobs with low wages. Moreover, this new test allows discussing whether industry and firm size wage differentials reflect rents or compensate for work conditions. Results indicate that wage differentials do not exclusively reflect compensation for work conditions.
Mots-clé
industry wage differentials, compensating wage differentials, job satisfaction
Création de la notice
19/11/2007 11:36
Dernière modification de la notice
20/08/2019 15:41
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