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Pay Inequality and Job Creation

Author

Listed:
  • Moene, K.O.
  • Walelrstein, M.

Abstract

We investigate the effects of wage compression through centralized collective bargaining when growth depends on the continual reallocation of labor from older, less productive plants to new, more productive plants.

Suggested Citation

  • Moene, K.O. & Walelrstein, M., 1996. "Pay Inequality and Job Creation," Memorandum 1996_026, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:1996_026
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    Cited by:

    1. Boarini, Romina & Le Clainche, Christine, 2009. "Social preferences for public intervention: An empirical investigation based on French data," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(1), pages 115-128, January.

    More about this item

    Keywords

    COLLECTIVE BARGAINING; WAGES; COMPETITION; LABOUR MARKET;
    All these keywords.

    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General

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