"Does Layoff Risk Explain the Firm-Size Wage Differential"
, in Applied Economics Letters, Vol. 2, Seite(n) 211-214, 1995
Does Layoff Risk Explain the Firm-Size Wage Differential
Sprache des Titels:
If less stable (and also less able) workers select themselves into small, unstable and lowpaying firms, predicted layoff risk of workers can be used as a proxy for heterogeneity of workers and should therefore be included in wage regressions. Doing this, one third of the size earnings premium can be explained.