The Earnings Function: A Glimpse Inside the Black Box / James L. Medoff.

Format:

Book

Author/Creator:

Medoff, James L.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w0224.

NBER working paper series no. w0224

Language:

English

Subjects (All):

Wages--Aircraft industry.

Wages.

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

The Earnings Function

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1978.

Cambridge, Mass. : National Bureau of Economic Research, 1978.

Summary:

This paper studies the wage determination process for a group of managerial employees in a major U.S. airline. As would be expected, those with greater-than-average schooling, pre-company labor market experience, and company service receive greater-than-average earnings. The analysis also addresses the question of whether or not the managers within a grade level who are paid more receive higher performance ratings by their supervisors. The answer is "no" in the case of those with more pre-company labor market experience (i.e., those who are older) and with more company service. This suggests that the salaries received by managers within a grade reflect their age and tenure with the company more than their present performance.

Notes:

Print version record

1978.