Explanations of Relative Wage Variability: A Survey
Introduction
The basic neoclassical model af the firm predicts that different firms tend ta pay equal wages for warkers af the same type in similar jabs. Thus, dispersion in the average wage paid by firms, accarding to this view, must reflect differences in the skill requirements ar alternatively, compensating differentials for nonwage jab attributes that directly affect the utility of workers.
- ISSN: 0357-9603
- ISBN: 951-9282-03-3
