The Library
Inter-industry wage differences and individual heterogeneity
Tools
UNSPECIFIED (2004) Inter-industry wage differences and individual heterogeneity. OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 66 (5). pp. 811-846. ISSN 0305-9049.
Research output not available from this repository.
Request-a-Copy directly from author or use local Library Get it For Me service.
Abstract
Two well-established findings are apparent in the analyses of individual wage determination: cross-section wage equations can account for less than half of the variance in earnings and there are large and persistent inter-industry wage differentials. We explore these two empirical regularities using longitudinal data from the British Household Panel Survey (BHPS). We show that around 90% of the variation in earnings can be explained by observed and unobserved individual characteristics. However, small - but statistically significant - industry wage premia do remain, and there is also a role for a rich set of job and workplace controls.
Item Type: | Journal Article | ||||
---|---|---|---|---|---|
Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences Q Science > QA Mathematics |
||||
Journal or Publication Title: | OXFORD BULLETIN OF ECONOMICS AND STATISTICS | ||||
Publisher: | BLACKWELL PUBL LTD | ||||
ISSN: | 0305-9049 | ||||
Official Date: | December 2004 | ||||
Dates: |
|
||||
Volume: | 66 | ||||
Number: | 5 | ||||
Number of Pages: | 36 | ||||
Page Range: | pp. 811-846 | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |