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Firm-Specific Determinants of the Real Wage / Janet Currie, Sheena McConnell.
- Format:
- Book
- Author/Creator:
- Currie, Janet.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w4023.
- NBER working paper series no. w4023
- Language:
- English
- Subjects (All):
- Collective bargaining.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1992.
- Cambridge, Mass. : National Bureau of Economic Research, 1992.
- Summary:
- Bargaining models suggest that firm-specific variables play an important role in wage determination. Yet previous empirical studies of wage determination have largely ignored these variables. Our analysis of a large panel data set of U.S. wage contracts suggests that firm-specific variables suggested by bargaining models. such as the values of sales. the capital-labor ratio, and the financial liquidity of the firm. are important determinants of negotiated real wages.
- Notes:
- Print version record
- March 1992.
- Includes bibliographical references.
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