Measuring wage effects of plant size
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Measuring wage effects of plant size. / Albæk, Karsten; Arai, Mahmood; Asplund, Rita; Barth, Erling; Madsen, Erik Strøjer.
In: Labour Economics, Vol. 5, No. 4, 1998, p. 425-448.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Measuring wage effects of plant size
AU - Albæk, Karsten
AU - Arai, Mahmood
AU - Asplund, Rita
AU - Barth, Erling
AU - Madsen, Erik Strøjer
N1 - JEL Classification: J31
PY - 1998
Y1 - 1998
N2 - There are large plant size–wage effects in the Nordic countries after taking into account individual and job characteristics as well as systematical sorting of the workers into various plant-sizes. The plant size–wage elasticities we obtain are, in contrast to other dimensions of the wage distribution, comparable to the plant-size effects in other countries such as the U.S. with completely different institutions of wage setting. We also investigate the consequence of measurement error associated with the common practice of using midpoints of plant-size classes to estimate the plant size–wage elasticity. Our results indicate that using size–class midpoints yields essentially the same results as using exact measures of plant size
AB - There are large plant size–wage effects in the Nordic countries after taking into account individual and job characteristics as well as systematical sorting of the workers into various plant-sizes. The plant size–wage elasticities we obtain are, in contrast to other dimensions of the wage distribution, comparable to the plant-size effects in other countries such as the U.S. with completely different institutions of wage setting. We also investigate the consequence of measurement error associated with the common practice of using midpoints of plant-size classes to estimate the plant size–wage elasticity. Our results indicate that using size–class midpoints yields essentially the same results as using exact measures of plant size
KW - Faculty of Social Sciences
KW - wage setting institutions
KW - measurement error
KW - sorting
U2 - 10.1016/S0927-5371(98)00008-6
DO - 10.1016/S0927-5371(98)00008-6
M3 - Journal article
VL - 5
SP - 425
EP - 448
JO - Labour Economics
JF - Labour Economics
SN - 0927-5371
IS - 4
ER -
ID: 155298