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Introduction to Wage Differentials: An International Comparison

In: Wage Differentials

Author

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  • Toshiaki Tachibanaki

Abstract

Wages (or earnings) are probably the most important variable together with employment in labour economics. A large number of studies associated with labour are concerned with wages and/or employment (and thus unemployment). Wages play a central role in the determination of both the supply and the demand for labour, which determine both employment and unemployment through market forces. Also, wages can be regarded as the most important source of individual (or household) income which determines the well-being of individuals. However, qualifications of employees and contributions to a firm are quite different. Thus, it is natural that an employer pays different wage levels among various employees. The current book is concerned with the latter aspect, namely, ‘how wages are distributed and differentiated among wage earners’, as the central subject. Its emphasis is an international comparison of occupational wage differentials. We examine the following eight countries for our comprehensive comparison: Japan, (South) Korea, the USA, Canada, Australia, the UK, Germany and France. Motivations for choosing these countries will be described later in this chapter.

Suggested Citation

  • Toshiaki Tachibanaki, 1998. "Introduction to Wage Differentials: An International Comparison," Palgrave Macmillan Books, in: Toshiaki Tachibanaki (ed.), Wage Differentials, chapter 1, pages 1-34, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26281-6_1
    DOI: 10.1007/978-1-349-26281-6_1
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    Citations

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    Cited by:

    1. Eguchi, Kyota, 2002. "Unions as commitment devices," Journal of Economic Behavior & Organization, Elsevier, vol. 47(4), pages 407-421, April.
    2. Kyota Eguchi, 2000. "Unions, Job Security, and Incentives of Workers," CIRJE F-Series CIRJE-F-91, CIRJE, Faculty of Economics, University of Tokyo.
    3. Bognanno, Michael & Kambayashi, Ryo, 2013. "Trends in worker displacement penalties in Japan: 1991–2005," Japan and the World Economy, Elsevier, vol. 27(C), pages 41-57.
    4. Arjan B. Keizer, 2008. "Non-regular employment in Japan: continued and renewed dualities," Work, Employment & Society, British Sociological Association, vol. 22(3), pages 407-425, September.
    5. Stefan Jestl & Sandra M. Leitner & Sebastian Leitner, 2022. "The relative impact of different forces of globalization on wage inequality: A fresh look at the EU experience," Review of International Economics, Wiley Blackwell, vol. 30(4), pages 1003-1037, September.
    6. Ono, Hiroshi & Rebick, Marcus, 2002. "Impediments to the Productive Employment of Labor in Japan," SSE/EFI Working Paper Series in Economics and Finance 500, Stockholm School of Economics.
    7. Hiroshi Ono & Marcus Rebick, 2003. "Constraints on the Level and Efficient Use of Labor," NBER Chapters, in: Structural Impediments to Growth in Japan, pages 225-258, National Bureau of Economic Research, Inc.
    8. BOGNANNO Michael & KAMBAYASHI Ryo, 2006. "Trends in Worker Displacement Penalties in Japan: 1991-2002," ESRI Discussion paper series 169, Economic and Social Research Institute (ESRI).

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