Wage Structure, Raises and Mobility
| Author | : Edward P. Lazear |
| Publisher | : |
| Total Pages | : 63 |
| Release | : 2007 |
| ISBN-10 | : OCLC:1025467112 |
| ISBN-13 | : |
| Rating | : 4/5 (12 Downloads) |
Book Synopsis Wage Structure, Raises and Mobility by : Edward P. Lazear
Download or read book Wage Structure, Raises and Mobility written by Edward P. Lazear and published by . This book was released on 2007 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The data show that talent is not concentrated in a few companies, but is widely dispersed across companies. Wage dispersion within firms is nearly as high as the wage dispersion overall. The standard deviation of wages within the firm is about 80% of the standard deviation across all workers in the economy. Firms are more similar than they are dissimilar, but they are not identical: the firm mean wage displays considerable dispersion across the population of firms.
