Firm Size and Wages

Autor: Knut Gerlach, Elke Maria Schmidt
Rok vydání: 1990
Předmět:
Zdroj: Labour. 4:27-50
ISSN: 1467-9914
1121-7081
DOI: 10.1111/j.1467-9914.1990.tb00232.x
Popis: In this article the authors analyse the evidence found in several countries that large firms pay more than firms categorised as small. Firstly, this study discusses the factors which, according to previous theoretical research, explain the firm size-wage differential. Secondly, the different theoretical arguments are tested empirically. As a data base the authors use the individual and longitudinal data of the first four waves of the German Socio-Economic Panel. In the empirical investigation the instruments of variance, correlation and regression analysis, including the estimations of fixed-effects and random-effects odels are applied. The empirical analysis clearly demonstrates that positive effects of firm size on wages persist after controlling for — labour quality — differences in working conditions — employment tenure and rates of fluctuation — monetary fringe benefits of firms — heterogeneity of employese — monopoly power and ability to pay of firms. The article concludes with some proposals for future research.
Databáze: OpenAIRE
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