Rent-sharing and wages: Evidence from company and establishment panels
Rent-sharing and wages: Evidence from company and establishment panels
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DOI：
10.1086/209835
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发表时间：
1997-04-01
影响因子：
3.8
通讯作者：
Oswald, AJ
中科院分区：
文献类型：
--
作者：
Hildreth, AKG;Oswald, AJ
劳动经济学和宏观经济学的一个核心问题是，教科书上的竞争模型是否能充分代表劳动力市场。本文使用公司和机构的纵向数据表明，情况可能并非如此。正如劳动力市场的租金分享模型所预测的那样，盈利能力的变化会影响工资的长期变化。这些不是暂时的工资效应，也不是由数据中的工会工作场所驱动的。这篇文章的估计意味着，仅出于租金分享的原因，莱斯特的工资“范围”大约是16%。
A central question in labor economics and macroeconomics is whether the textbook competitive model provides an adequate representation of the labor market. Using longitudinal data on companies and establishments, this article suggests that it may not. As predicted by rent-sharing models of the labor market, changes in profitability are shown to feed through into long-run changes in wages. These are not temporary wage effects and are not driven by the unionized workplaces in the data. The article's estimates imply that, for rent-sharing reasons alone, Lester's ''range'' of wages is approximately 16%.