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Wage Dispersion: Why Are Similar Workers Paid Differently? (Zeuthen Lectures)

Dale T. Mortensen




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 | #1815467 in Books |  2005-01-14 | Original language:English | PDF # 1 |  9.00 x.50 x6.00l,.55 | File type: PDF | 160 pages

|| ||Mortensen both develops cutting-edge theories of job search and tests them with empirical evidence from an incredible new data set. The integration of theory and data makes this book a must-read for anyone interested in labor economics. (Robert Shimer, Depart

Why are workers with identical skills found in both "good" jobs and "bad" jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In Wage Dispersion, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these differentials, or wage dispersion, are largely the result of job s...

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