Employer Size and the Wage Structure in U.S. Manufacturing

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Employer Size and the Wage Structure in U.S. Manufacturing by : Steven J. Davis

Download or read book Employer Size and the Wage Structure in U.S. Manufacturing written by Steven J. Davis and published by . This book was released on 1995 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study how the hourly wage structure varies with establishment size and how wage dispersion breaks down into between-plant and within-plant components Our study combines household and establishment data for the U.S. manufacturing sector in 1982. 1) Wage dispersion falls sharply with establishment size for nonproduction workers and mildly for production workers. 2) Size-class differences in wage dispersion often mask even sharper differences in the dispersion of wages generated by observable worker characteristics and in the 'skill prices' on those characteristics. 3) In terms of dispersion in predicted log wages worker heterogeneity tends to rise with establishment size production workers are much more homogenous in the union sector, but only at plants with 1,000 or more workers. 4) Unobserved factors generate sharply greater wage dispersion at smaller establishments. 5) The variance in mean wages across establishments accounts for 59% of total variance. Within-plant wage variance among production workers accounts for a mere 2%. 6) Mean wage differences by size of establishment account for about one-fourth of the total between-plant variance of wages. 7) Between-plant wage dispersion falls sharply with establishment size, entirely accounting for the negative relationship of establishment size to overall wage dispersion. Guided by these and other empirical findings, we assess several hypotheses about the determination of the wage structure.

The Structure of Wages

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Publisher : University of Chicago Press
ISBN 13 : 0226470512
Total Pages : 473 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis The Structure of Wages by : Edward P. Lazear

Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.

Low-Wage America

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Publisher : Russell Sage Foundation
ISBN 13 : 1610440145
Total Pages : 552 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Low-Wage America by : Eileen Appelbaum

Download or read book Low-Wage America written by Eileen Appelbaum and published by Russell Sage Foundation. This book was released on 2003-09-04 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: About 27.5 million Americans—nearly 24 percent of the labor force—earn less than $8.70 an hour, not enough to keep a family of four out of poverty, even working full-time year-round. Job ladders for these workers have been dismantled, limiting their ability to get ahead in today's labor market. Low-Wage America is the most extensive study to date of how the choices employers make in response to economic globalization, industry deregulation, and advances in information technology affect the lives of tens of millions of workers at the bottom of the wage distribution. Based on data from hundreds of establishments in twenty-five industries—including manufacturing, telecommunications, hospitality, and health care—the case studies document how firms' responses to economic restructuring often results in harsh working conditions, reduced benefits, and fewer opportunities for advancement. For instance, increased pressure for profits in newly consolidated hotel chains has led to cost-cutting strategies such as requiring maids to increase the number of rooms they clean by 50 percent. Technological changes in the organization of call centers—the ultimate "disposable workplace"—have led to monitoring of operators' work performance, and eroded job ladders. Other chapters show how the temporary staffing industry has provided paths to better work for some, but to dead end jobs for many others; how new technology has reorganized work in the back offices of banks, raising skill requirements for workers; and how increased competition from abroad has forced U.S. manufacturers to cut costs by reducing wages and speeding production. Although employers' responses to economic pressures have had a generally negative effect on frontline workers, some employers manage to resist this trend and still compete successfully. The benefits to workers of multi-employer training consortia and the continuing relevance of unions offer important clues about what public policy can do to support the job prospects of this vast, but largely overlooked segment of the American workforce. Low-Wage America challenges us to a national self-examination about the nature of low-wage work in this country and asks whether we are willing to tolerate the profound social and economic consequences entailed by these jobs. A Volume in the Russell Sage Foundation Case Studies of Job Quality in Advanced Economies

Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ...

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ... by : United States. Wage and Hour and Public Contracts Divisions

Download or read book Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ... written by United States. Wage and Hour and Public Contracts Divisions and published by . This book was released on 1963 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986

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Publisher :
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986 by : Steven J. Davis

Download or read book Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986 written by Steven J. Davis and published by . This book was released on 1991 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper exploits a rich and largely untapped source of information on the wages and other characteristics of individual manufacturing plants to cast new light on recent changes in the United States wage structure. Our primary data source, the Longitudinal Research Datafile (LRD) , contains observations on more than 300,000 manufacturing plants during Census years (1963, 1967, 1972, 1977, 1982) and 50,000-70,000 plants during intercensus years since 1972. We use the information in the LRD to investigate changes in the plant-wage structure over the past three decades. We also combine plant-level wage observations in the LRD with wage observations on individual workers in the Current Population Survey (CPS) to estimate the between-plant and within-plant components of overall wage dispersion.

The Evolution of Wage Structure

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Author :
Publisher : New Haven : Yale University Press, 1956 [c1955]
ISBN 13 :
Total Pages : 422 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Evolution of Wage Structure by : Lloyd George Reynolds

Download or read book The Evolution of Wage Structure written by Lloyd George Reynolds and published by New Haven : Yale University Press, 1956 [c1955]. This book was released on 1955 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Competencies and Institutions Fostering High-growth Firms

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Publisher : Now Publishers Inc
ISBN 13 : 1601981767
Total Pages : 94 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Competencies and Institutions Fostering High-growth Firms by : Martin J. Wainwright

Download or read book Competencies and Institutions Fostering High-growth Firms written by Martin J. Wainwright and published by Now Publishers Inc. This book was released on 2008 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The formalism of probabilistic graphical models provides a unifying framework for capturing complex dependencies among random variables, and building large-scale multivariate statistical models. Graphical models have become a focus of research in many statistical, computational and mathematical fields, including bioinformatics, communication theory, statistical physics, combinatorial optimization, signal and image processing, information retrieval and statistical machine learning. Many problems that arise in specific instances-including the key problems of computing marginals and modes of probability distributions-are best studied in the general setting. Working with exponential family representations, and exploiting the conjugate duality between the cumulant function and the entropy for exponential families, Graphical Models, Exponential Families and Variational Inference develops general variational representations of the problems of computing likelihoods, marginal probabilities and most probable configurations. It describes how a wide variety of algorithms- among them sum-product, cluster variational methods, expectation-propagation, mean field methods, and max-product-can all be understood in terms of exact or approximate forms of these variational representations. The variational approach provides a complementary alternative to Markov chain Monte Carlo as a general source of approximation methods for inference in large-scale statistical models.

Economica

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Publisher :
ISBN 13 :
Total Pages : 624 pages
Book Rating : 4.:/5 (49 download)

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Book Synopsis Economica by :

Download or read book Economica written by and published by . This book was released on 1995 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Geography and Ownership as Bases for Economic Accounting

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Publisher : University of Chicago Press
ISBN 13 : 0226036545
Total Pages : 360 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Geography and Ownership as Bases for Economic Accounting by : Robert E. Baldwin

Download or read book Geography and Ownership as Bases for Economic Accounting written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2007-12-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geography and Ownership as Bases for Economic Accounting provides a forum for leading specialists in trade and international economics to explore whether changes in the world economy have increased the usefulness of international accounts drawn up on the basis of ownership rather than on geography. The papers in this volume suggest that ownership-based national accounts are helpful in understanding trade and financial transactions among globalized enterprises. Individual chapters emphasize this perspective through accounting exercises, studies of individual countries, and studies of foreign direct investment and its relation to national economies. This volume gives trade and international economists the data and resources to renew discussion of this timely issue.

Are Small Firms Important? Their Role and Impact

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Publisher : Springer Science & Business Media
ISBN 13 : 1461551730
Total Pages : 180 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Are Small Firms Important? Their Role and Impact by : Stephen Ackermann

Download or read book Are Small Firms Important? Their Role and Impact written by Stephen Ackermann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of American society. The public policy implications for sustained economic growth and social well-being is the continued high-level creation of new and small firms by all segments of society. It should be the role of government policy to facilitate that process by eliminating entry barriers, lowering transaction costs, and minimizing regulation.

Center for Economic Studies Discussion Paper

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Publisher :
ISBN 13 :
Total Pages : 142 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Center for Economic Studies Discussion Paper by :

Download or read book Center for Economic Studies Discussion Paper written by and published by . This book was released on 1988 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on the Size Distribution of Establishments

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Publisher :
ISBN 13 :
Total Pages : 234 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Essays on the Size Distribution of Establishments by : John Jeffery Stevens

Download or read book Essays on the Size Distribution of Establishments written by John Jeffery Stevens and published by . This book was released on 2001 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Wages of Unskilled Labor in Manufacturing Industries in the United States, 1890-1924

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Publisher :
ISBN 13 :
Total Pages : 172 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Wages of Unskilled Labor in Manufacturing Industries in the United States, 1890-1924 by : Whitney Coombs

Download or read book The Wages of Unskilled Labor in Manufacturing Industries in the United States, 1890-1924 written by Whitney Coombs and published by . This book was released on 1926 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Innovation, Entrepreneurship, and Technological Change

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Publisher : OUP Oxford
ISBN 13 : 019153336X
Total Pages : 232 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Innovation, Entrepreneurship, and Technological Change by : Albert N. Link

Download or read book Innovation, Entrepreneurship, and Technological Change written by Albert N. Link and published by OUP Oxford. This book was released on 2007-06-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a reader-friendly analysis and synthesis of the key economic and management approaches to innovation, entrepreneurship, and technological change. Link and Siegel provide precise definitions of key concepts, present numerous historical examples to illustrate these concepts, outline a framework for analyzing key topics, compare and contrast different theoretical frameworks, provide a reader-friendly interpretation of quantitative and qualitative findings, and emphasize international comparisons of innovation infrastructure and technology policy. Key topics covered include: · basic concepts of innovation and technological change, · a history of the role of the entrepreneur in innovation, · the impact of innovation and information technology on performance, · the analysis of technological spillovers, · innovation in the service sector, · university technology commercialization and entrepreneurship, including property-based institutions such as research parks and incubators, · entrepreneurship in the public sector, · the first systematic analysis and synthesis of the new interdisciplinary literature on technology commercialization and entrepreneurship at universities. While the book reflects the complexities of debate around these topics, it will be an important guide to the area for academics, graduate, and advanced undergraduate students of Business Studies, Economics, Entrepreneurship, and Innovation Studies. The book also provides a roadmap of specific recommendations for managers and policymakers.

Evidence on IO Technology Assumptions from the Longitudinal Research Database

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Evidence on IO Technology Assumptions from the Longitudinal Research Database by : Joe Mattey

Download or read book Evidence on IO Technology Assumptions from the Longitudinal Research Database written by Joe Mattey and published by . This book was released on 1993 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Factory Wage Structures and National Agreements

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Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Factory Wage Structures and National Agreements by : Donald James Robertson

Download or read book Factory Wage Structures and National Agreements written by Donald James Robertson and published by . This book was released on 1960 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

LBOs, Debt and R&D Intensity

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Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis LBOs, Debt and R&D Intensity by : William F. Long

Download or read book LBOs, Debt and R&D Intensity written by William F. Long and published by . This book was released on 1993 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper deals with the impact on R&D intensity for firms undergoing a leveage buyout (LBO). We develop seven hypothesis.