Wage Gaps Large and Small

Barry Hirsch ()

No 3375, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: The law of one wage does not strictly hold, nor should it be expected to hold, in contemporary labor markets. The law of one wage, however, provides a surprisingly good first approximation of the structure of U.S. wages. This generalization is drawn from research on a diverse set of topics: the Mincerian wage equation and earnings imputation, union wage differentials, product market regulation and the labor market, wages in male and female jobs, the wage effects of military service, and interarea wages and cost-of-living.

Keywords: unions; imputation; wage differentials; cost-of-living; regulation; wages (search for similar items in EconPapers)
JEL-codes: J01 J31 J4 J51 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2008-02
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (4)

Published - published in: Southern Economic Journal, 2008, 74 (4), 915-933

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