Year: 1992
Author: Schmidt, Elke Maria
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 112 (1992), Iss. 2 : pp. 201–218
Abstract
One competitive explanation of intersectoral-wage differentials besides regarding them as a transitory phenomenon is that they reflect endowment differences of workers. This hypothesis is tested with micro-data for the FRG. Firstly, with cross-section data human-capital oriented earnings functions are estimated. Secondly, longitudinal-data are used to estimate Fixed- and Random-effects-models to control for unobservable worker characteristics that could bias cross-sectional estimates. It is found that intersectoral-wage differentials cannot be explained by unobservable worker heterogeneity. Moreover, the cross-section estimates indicate that sectoral wage effects have increased from 1984 to 1987, although their ranking has remained stable over time.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.112.2.201
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 112 (1992), Iss. 2 : pp. 201–218
Published online: 1992-02
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 18