The Covariance Structure of Italian Male Wages

Lorenzo Cappellari

Manchester School, 2000, vol. 68, issue 6, 659-684

Abstract: Using an unbalanced panel of Italian male wages covering the 1974–88 interval, in this study we estimate the parameters of the wage covariance structure by minimum distance. Estimated variance components models allow for a linear trend in permanent wages, so that wage profile convergence can be assessed by considering the covariance between intercepts and slopes of such individual trends. Evidence of permanent wage convergence is found in the overall wage distribution, but not within white collar workers data; this contrasts with human capital interpretations of wage dynamics and suggests that other factors, such as the egalitarian wage‐setting framework fully effective until the mid‐1980s, could have played a major role in shaping the wage distribution.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://doi.org/10.1111/1467-9957.00224

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:manchs:v:68:y:2000:i:6:p:659-684

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1463-6786

Access Statistics for this article

Manchester School is currently edited by Keith Blackburn

More articles in Manchester School from University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().