High wage workers and high wage peers

Information Systems Skills Differences Between High-Wage and Low-Wage Regions: Implications for Global Sourcing

Wage determination and discrimination among older workers.

In this study, the determinants of the wage rates of a large sample of individuals aged 58 to 63 are first analyzed. Second, an explanation for the large discrepancies existing between the average wage rates earned by whites and nonwhites and by men and women is attempted. Human capital and geographic variables were found to be important wage determinants. Education, vocational training, years ...

The Role of Wage Persistence in the Evolution of the College-High School Wage Gap

This paper examines the role of persistent effects of past labor market conditions in explaining trends in the college-high school wage gap in the US. I document increases in the wage gap for older workers since the late 1990s, which are larger than those predicted by standard explanations and are consistent with an important role for persistence in the wage gap. Using a semi-parametric estimat...

Do Co-Workers’ Wages Matter? Theory and Evidence on Wage Secrecy, Wage Compression and Effort

Do Co-Workers’ Wages Matter? Theory and Evidence on Wage Secrecy, Wage Compression and Effort We study worker and firm behavior in an environment where worker effort could depend on co-workers’ wages. Theoretically, we show that an increase in workers’ ‘concerns’ with coworkers’ wages should lead profit-maximizing firms to compress wages under quite general conditions. However, firms should be ...

Wage Change and the Quit Behavior of Workers: Implications for Efficiency Wage Theory*

Over the past decade, economists have developed efficiency wage models to explain the presence of wage rigidity and thus of involuntary unemployment. In these models, workers' productivity depends positively on the wage or firms' costs depend negatively on the wage, giving firms an incentive to pay wages above the market-clearing level. One type of efficiency wage model is the turnover cost mod...