LABOUR MARKET SEGMENTATION: WAGE DIFFERENTIALS AND HYSTERESIS EFFECTS*

W.D. McCausland and Ioannis Theodossiou

Australian Economic Papers, 2005, vol. 44, issue 1, 65-81

Abstract: Competitive labour market analysis proposes that an individual's human capital endowment is the main mechanism for pay determination. This study develops a model to highlight hysteresis effects on either investment in physical capital for firms or investment in human capital for workers on wage differentials.

Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1467-8454.2005.00249.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecp:v:44:y:2005:i:1:p:65-81

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0004-900X

Access Statistics for this article

Australian Economic Papers is currently edited by Daniel Leonard

More articles in Australian Economic Papers from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().