G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10365
DP10365 Wage Inequality and Firm Growth
Holger Mueller; Elena Simintzi; Paige Ouimet
发表日期2015-01-25
出版年2015
语种英语
摘要We examine how within-firm skill premia?wage differentials associated with jobs involving different skill requirements?vary both across firms and over time. Our firm-level results mirror patterns found in aggregate wage trends, except that we find them with regard to increases in firm size. In particular, we find that wage differentials between high- and either medium- or low-skill jobs increase with firm size, while those between medium- and low-skill jobs are either invariant to firm size or, if anything, slightly decreasing. We find the same pattern within firms over time, suggesting that rising wage inequality?even nuanced patterns, such as divergent trends in upper- and lower-tail inequality?may be related to firm growth. We explore two possible channels: i) wages associated with ?routine? job tasks are relatively lower in larger firms due to a higher degree of automation in these firms, and ii) larger firms pay relatively lower entry-level managerial wages in return for providing better career opportunities. Lastly, we document a strong and positive relation between within-country variation in firm growth and rising wage inequality for a broad set of developed countries. In fact, our results suggest that part of what may be perceived as a global trend toward more wage inequality may be driven by an increase in employment by the largest firms in the economy.
主题Labour Economics
关键词Skill premia Wage inequality
URLhttps://cepr.org/publications/dp10365
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539196
推荐引用方式
GB/T 7714
Holger Mueller,Elena Simintzi,Paige Ouimet. DP10365 Wage Inequality and Firm Growth. 2015.
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