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Paperback • 2005 • English
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About the book
<p>Why are workers with identical skills found in both "good" jobs and "bad" jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In <i>Wage Dispersion</i>, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these differentials, or wage dispersion, are largely the result of job search friction (which aris...Show more
Book details
ISBN
9780262633192
Published year
2005
Language
English
Original title
Wage Dispersion: Why Are Similar Workers Paid Differently?
Format
Paperback
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