The effects of match uncertainty and bargaining on labor market outcomes: evidence from firm and worker specific estimates
The effects of match uncertainty and bargaining on labor market outcomes: evidence from firm and worker specific estimates
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DOI：
10.1007/s11123-008-0117-3
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发表时间：
2009-02-01
影响因子：
1.6
通讯作者：
Parmeter, Christopher F.
中科院分区：
文献类型：
--
作者：
Kumbhakar, Subal C.;Parmeter, Christopher F.
在这篇文章中，我们考察了劳动力市场上当前就业工人之间的工资差异。我们认为，匹配的潜在生产率的差异(通常假设在以前的文献中是已知的)会在工人愿意接受的最低工资和公司愿意为该工作提供的最高工资之间产生盈余。这种盈余的存在导致工资分散，因为谈判每个代理人提取的金额。我们的目标是使用两层随机前沿模型来估计每个企业-工人对提取的剩余以及净提取的剩余对工资的影响。一个经验性的应用发现，平均而言，公司支付给工人的工资低于他们预期的生产率。更具体地说，平均而言，生产率不确定性的净影响导致均衡工资比匹配的预期生产率低3.33%。
In this paper we examine wage dispersion in labor markets across currently employed workers. We argue that differences in the potential productivity of a match (typically assumed to be known in the previous literature) generates a surplus between the minimum wage the worker is willing to accept and the maximum wage the firm is willing to offer for the job. Existence of this surplus leads to wage dispersion due to negotiating over the amounts extracted by each agent. Our objective is to estimate the surplus extracted by each firm-worker pair and the effect of the net extracted surplus on the wage, for each firm-worker pair using the two-tier stochastic frontier model. An empirical application finds that, on average, firms paid workers less than their expected productivity. More specifically, at the mean, the net effect of productivity uncertainty leads to equilibrium wages which are 3.33% below the expected productivity of matches.