Firms and Labor Market Inequality: Evidence and Some Theory

被引:255
|
作者
Card, David [1 ,2 ]
Cardoso, Ana Rute [3 ]
Heining, Joerg [4 ]
Kline, Patrick [4 ]
机构
[1] CSIC, Inst Econ Anal, Madrid, Spain
[2] Barcelona Grad Sch Econ, Barcelona, Spain
[3] Inst Employment Res, Nurnberg, Germany
[4] Univ Calif Berkeley, Berkeley, CA 94720 USA
关键词
HIGH WAGE WORKERS; DISPERSION; PRODUCTIVITY; COMPETITION; MOBILITY; SEARCH; DISCRIMINATION; MONOPSONY; PANEL; DIFFERENTIALS;
D O I
10.1086/694153
中图分类号
F [经济];
学科分类号
02 ;
摘要
We synthesize two related literatures on firm-level drivers of wage inequality. Studies of rent sharing that use matched worker-firm data find elasticities of wages with respect to value added per worker in the range of 0.05-0.15. Studies of wage determination with worker and firm fixed effects typically find that firm-specific premiums explain 20% of overall wage variation. To interpret these findings, we develop a model of wage setting in which workers have idiosyncratic tastes for different workplaces. Simple versions of this model can rationalize standard fixed effects specifications and also match the typical rent-sharing elasticities in the literature.
引用
收藏
页码:S13 / S70
页数:58
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