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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4917 |
来源ID | Working Paper 4917 |
High Wage Workers and High Wage Firms | |
John M. Abowd; Francis Kramarz; David N. Margolis | |
发表日期 | 1994-11-01 |
出版年 | 1994 |
语种 | 英语 |
摘要 | We study a longitudinal sample of over one million French workers and over 500,000 employing firms. Real total annual compensation per worker is decomposed into components related to observable characteristics, worker heterogeneity, firm heterogeneity and residual variation. Except for the residual, all components may be correlated in an arbitrary fashion. At the level of the individual, we find that person-effects, especially those not related to observables like education, are the most important source of wage variation in France. Firm-effects, while important, are not as important as person-effects. At the level of firms, we find that enterprises that hire high-wage workers are more productive but not more profitable. They are also more capital and high-skilled employee intensive. Enterprises that pay higher wages, controlling for person-effects, are more productive and more profitable. They are also more capital intensive but are not more high-skilled labor intensive. We also find that person-effects explain 92% of inter-industry wage differentials. |
主题 | Labor Economics ; Labor Compensation ; Econometrics ; Estimation Methods |
URL | https://www.nber.org/papers/w4917 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562335 |
推荐引用方式 GB/T 7714 | John M. Abowd,Francis Kramarz,David N. Margolis. High Wage Workers and High Wage Firms. 1994. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w4917.pdf(930KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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