Adam Smith may have been right after all: A new approach to the analysis of compensating differentials
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Elliott, R. F. & Sandy, R., "undated". "Adam Smith May Have Been Right After All: A New Approach to the Analysis of Compensating Differentials," Working Papers 98-02, Department of Economics, University of Aberdeen.
References listed on IDEAS
- Duncan, Greg J & Holmlund, Bertil, 1983.
"Was Adam Smith Right after All? Another Test of the Theory of Compensating Wage Differentials,"
Journal of Labor Economics, University of Chicago Press, vol. 1(4), pages 366-379, October.
- Duncan, Greg J. & Holmlund, Bertil, 1983. "Was Adam Smith Right, After All? Another Test of the Theory of Compensating Wage Differentials," Working Paper Series 93, Research Institute of Industrial Economics.
- Duncan, Greg J & Stafford, Frank P, 1980. "Do Union Members Receive Compensating Wage Differentials?," American Economic Review, American Economic Association, vol. 70(3), pages 355-371, June.
- Montgomery, Edward & Shaw, Kathryn & Benedict, Mary Ellen, 1992.
"Pensions and Wages: An Hedonic Price Theory Approach,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(1), pages 111-128, February.
- Edward B. Montgomery & Kathryn Shaw & Mary Ellen Benedict, 1990. "Pensions and Wages: An Hedonic Price Theory Approach," NBER Working Papers 3458, National Bureau of Economic Research, Inc.
- Hutchens, Robert M, 1983. "Layoffs and Labor supply," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(1), pages 37-55, February.
- John M. Abowd & Orley C. Ashenfelter, 1981.
"Anticipated Unemployment, Temporary Layoffs, and Compensating Wage Differentials,"
NBER Chapters, in: Studies in Labor Markets, pages 141-170,
National Bureau of Economic Research, Inc.
- John M. Abowd & Orley Ashenfelter, 1980. "Anticipated Unemployment, Temporary Layoffs and Compensating Wage Differentials," Working Papers 517, Princeton University, Department of Economics, Industrial Relations Section..
- Hamermesh, Daniel S & Wolfe, John R, 1990.
"Compensating Wage Differentials and the Duration of Wage Loss,"
Journal of Labor Economics, University of Chicago Press, vol. 8(1), pages 175-197, January.
- Daniel S. Hamermesh & John R. Wolfe, 1986. "Compensating Wage Differentials and the Duration of Wage Loss," NBER Working Papers 1887, National Bureau of Economic Research, Inc.
- Rosen, Sherwin, 2007.
"Studies in Labor Markets,"
National Bureau of Economic Research Books,
University of Chicago Press, number 9780226726304.
- Sherwin Rosen, 1981. "Studies in Labor Markets," NBER Books, National Bureau of Economic Research, Inc, number rose81-1.
- Hwang, Hae-shin & Reed, W Robert & Hubbard, Carlton, 1992. "Compensating Wage Differentials and Unobserved Productivity," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 835-858, August.
- repec:eee:labchp:v:1:y:1986:i:c:p:641-692 is not listed on IDEAS
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Andrew E. Clark & Maria Cotofan & Richard Layard, 2024.
"Do wages underestimate the inequality in workers' rewards? The joint distribution of job quality and wages across occupations,"
Economica, London School of Economics and Political Science, vol. 91(362), pages 497-546, April.
- Andrew E. Clark & Maria Cotofan & Richard Layard, 2024. "Do wages underestimate the inequality in workers' rewards? The joint distribution of job quality and wages across occupations," PSE-Ecole d'économie de Paris (Postprint) halshs-04639521, HAL.
- Andrew E. Clark & Maria Cotofan & Richard Layard, 2024. "Do wages underestimate the inequality in workers' rewards? The joint distribution of job quality and wages across occupations," Post-Print halshs-04639521, HAL.
- Adriana Barone & Annamaria Nese, 2003. "On the Job Health Risks: Workers' Beliefs and Individual Work Experiences," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 62(1), pages 125-144, April.
- Daniel S. Hamermesh, 2000. "The Craft of Labormetrics," ILR Review, Cornell University, ILR School, vol. 53(3), pages 363-380, April.
- Palifka, Bonnie J., 2009. "Personality and income in Mexico: Supervisor assessments vs. self-assessments," Journal of Economic Psychology, Elsevier, vol. 30(1), pages 92-106, February.
- Konstantinos, Pouliakas & Ioannis, Theodossiou, 2010.
"An Inquiry Into the Theory, Causes and Consequences of Monitoring Indicators of Health and Safety At Work,"
MPRA Paper
20336, University Library of Munich, Germany.
- Pouliakas, Konstantinos & Theodossiou, Ioannis, 2010. "An Inquiry Into The Theory, Causes And Consequences Of Monitoring Indicators Of Health And Safety At Work," SIRE Discussion Papers 2010-120, Scottish Institute for Research in Economics (SIRE).
- Pouliakas, Konstantinos & Theodossiou, Ioannis, 2010. "An Inquiry into the Theory, Causes and Consequences of Monitoring Indicators of Health and Safety at Work," IZA Discussion Papers 4734, Institute of Labor Economics (IZA).
- Robert Elliott & Ada Ma & Matt Sutton & Diane Skatun & Nigel Rice & Stephen Morris & Alex McConnachie, 2010. "The role of the staff MFF in distributing NHS funding: taking account of differences in local labour market conditions," Health Economics, John Wiley & Sons, Ltd., vol. 19(5), pages 532-548, May.
- Keith A. Bender & Hosne A. Mridha & James Peoples, 2006. "Risk Compensation for Hospital Workers: Evidence from Relative Wages of Janitors," ILR Review, Cornell University, ILR School, vol. 59(2), pages 226-242, January.
- Hamermesh, Daniel S., 1999. "LEEping into the future of labor economics: the research potential of linking employer and employee data," Labour Economics, Elsevier, vol. 6(1), pages 25-41, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Assaad, Ragui & Tunali, Insan, 2002.
"Wage formation and recurrent unemployment,"
Labour Economics, Elsevier, vol. 9(1), pages 17-61, February.
- Ragui Assaad & Insan Tunali, 2000. "Wage Formation and Recurrent Unemployment," Econometric Society World Congress 2000 Contributed Papers 1623, Econometric Society.
- Ragui Assaad & Insan Tunali, 2000. "Wage Formation and Recurrent Unemployment," Working Papers 2016, Economic Research Forum, revised 06 Aug 2000.
- repec:eee:labchp:v:1:y:1986:i:c:p:641-692 is not listed on IDEAS
- Shen, Yi, 2022. "Labor unemployment insurance and bank loans," Journal of Corporate Finance, Elsevier, vol. 76(C).
- Egidio Farina & Colin Green & Duncan McVicar, 2021.
"Are Estimates of Non‐Standard Employment Wage Penalties Robust to Different Wage Measures? The Case of Zero‐hour Contracts in the UK,"
Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 60(3), pages 370-399, July.
- Farina, Egidio & Green, Colin P. & McVicar, Duncan, 2020. "Are Estimates of Non-Standard Employment Wage Penalties Robust to Different Wage Measures? The Case of Zero Hours Contracts in the UK," IZA Discussion Papers 13548, Institute of Labor Economics (IZA).
- Rosen, Sherwin, 1985.
"Implicit Contracts: A Survey,"
Journal of Economic Literature, American Economic Association, vol. 23(3), pages 1144-1175, September.
- Sherwin Rosen, 1985. "Implicit Contracts: A Survey," NBER Working Papers 1635, National Bureau of Economic Research, Inc.
- Matthew Cole & Robert Elliott & Joanne Lindley, 2009.
"Dirty money: Is there a wage premium for working in a pollution intensive industry?,"
Journal of Risk and Uncertainty, Springer, vol. 39(2), pages 161-180, October.
- Matthew A Cole & Robert J R Elliott & Joanne K Lindley, 2009. "Dirty Money: Is there a Wage Premium for Working in a Pollution Intensive Industry," Discussion Papers 09-13, Department of Economics, University of Birmingham.
- Ernesto Villanueva, 2004. "Compensating wage differentials and voluntary job changes: Evidence from West Germany," Economics Working Papers 738, Department of Economics and Business, Universitat Pompeu Fabra.
- Agrawal, Ashwini K. & Matsa, David A., 2013.
"Labor unemployment risk and corporate financing decisions,"
Journal of Financial Economics, Elsevier, vol. 108(2), pages 449-470.
- Agrawal, Ashwini K. & Matsa, David A., 2013. "Labor unemployment risk and corporate financing decisions," LSE Research Online Documents on Economics 69608, London School of Economics and Political Science, LSE Library.
- repec:eee:labchp:v:1:y:1986:i:c:p:387-423 is not listed on IDEAS
- Nicole Maestas & Kathleen J. Mullen & David Powell & Till von Wachter & Jeffrey B. Wenger, 2023.
"The Value of Working Conditions in the United States and the Implications for the Structure of Wages,"
American Economic Review, American Economic Association, vol. 113(7), pages 2007-2047, July.
- von Wachter, Till & Maestas, Nicole & Mullen, Kathleen J. & Powell, David & Wenger, Jeffrey B., 2018. "The Value of Working Conditions in the United States and Implications for the Structure of Wages," CEPR Discussion Papers 13284, C.E.P.R. Discussion Papers.
- Nicole Maestas & Kathleen J. Mullen & David Powell & Till von Wachter & Jeffrey B. Wenger, 2018. "The Value of Working Conditions in the United States and Implications for the Structure of Wages," NBER Working Papers 25204, National Bureau of Economic Research, Inc.
- Maestas, Nicole & Mullen, Kathleen & Powell, David & Wachter, Till von & Wenger, Jeffrey, 2018. "The Value of Working Conditions in the United States and Implications for the Structure of Wages," IZA Discussion Papers 11925, Institute of Labor Economics (IZA).
- Newman, Constance & Jarvis, Lovell S., 2000. "Worker And Firm Determinants Of Piece Rate Variation In An Agricultural Labor Market," Working Papers 11977, University of California, Davis, Department of Agricultural and Resource Economics.
- Emilia Del Bono & Andrea Weber, 2008.
"Do Wages Compensate for Anticipated Working Time Restrictions? Evidence from Seasonal Employment in Austria,"
Journal of Labor Economics, University of Chicago Press, vol. 26(1), pages 181-221.
- Del Bono, Emilia & Weber, Andrea, 2006. "Do wages compensate for anticipated working time restrictions? Evidence from seasonal employment in Austria," ISER Working Paper Series 2006-37, Institute for Social and Economic Research.
- Del Bono, Emilia & Weber, Andrea, 2006. "Do Wages Compensate for Anticipated Working Time Restrictions? Evidence from Seasonal Employment in Austria," IZA Discussion Papers 2242, Institute of Labor Economics (IZA).
- Patricia M. Anderson & Bruce D. Meyer, "undated".
"The Incidence of a Firm-Varying Payroll Tax: The Case of Unemployment Insurance,"
IPR working papers
95-23, Institute for Policy Resarch at Northwestern University.
- Patricia M. Anderson & Bruce D. Meyer, 1995. "The Incidence of a Firm-Varying Payroll Tax: The Case of Unemployment Insurance," NBER Working Papers 5201, National Bureau of Economic Research, Inc.
- Woo-Jin Chang & Rachel M. Hayes & Stephen A. Hillegeist, 2016. "Financial Distress Risk and New CEO Compensation," Management Science, INFORMS, vol. 62(2), pages 479-501, February.
- Viscusi, W Kip & Aldy, Joseph E, 2003.
"The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World,"
Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
- W. Kip Viscusi & Joseph E. Aldy, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," NBER Working Papers 9487, National Bureau of Economic Research, Inc.
- Gyourko, Joseph & Tracy, Joseph, 1989.
"The Importance of Local Fiscal Conditions in Analyzing Local Labor Markets,"
Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1208-1231, October.
- Joseph Gyourko & Joseph S. Tracy, 1986. "The Importance of Local Fiscal Conditions in Analyzing Local Labor Markets," NBER Working Papers 2040, National Bureau of Economic Research, Inc.
- Joseph G. Altonji & Emiko Usui, 2007.
"Work Hours, Wages, and Vacation Leave,"
ILR Review, Cornell University, ILR School, vol. 60(3), pages 408-428, April.
- Joseph G. Altonji & Emiko Usui, 2005. "Work Hours, Wages, and Vacation Leave," NBER Working Papers 11693, National Bureau of Economic Research, Inc.
- Michael P. Keane, 1993.
"Individual Heterogeneity and Interindustry Wage Differentials,"
Journal of Human Resources, University of Wisconsin Press, vol. 28(1), pages 134-161.
- Michael P. Keane, 1991. "Individual heterogeneity and interindustry wage differentials," Discussion Paper / Institute for Empirical Macroeconomics 54, Federal Reserve Bank of Minneapolis.
- Danielle Lamb & Rafael Gomez & Milad Moghaddas, 2022. "Unions and hazard pay for COVID‐19: Evidence from the Canadian Labour Force Survey," British Journal of Industrial Relations, London School of Economics, vol. 60(3), pages 606-634, September.
- Elaine McCrate, 2005. "Flexible Hours, Workplace Authority, And Compensating Wage Differentials In The Us," Feminist Economics, Taylor & Francis Journals, vol. 11(1), pages 11-39.
- Anne Beeson Royalty, "undated". "A Discrete Choice Approach to Estimating Workers' Marginal Valuation of Fringe Benefits," Working Papers 98008, Stanford University, Department of Economics.
- Marios Michaelides, 2010. "A New Test of Compensating Differences: Evidence on the Importance of Unobserved Heterogeneity," Journal of Sports Economics, , vol. 11(5), pages 475-495, October.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:59:y:1998:i:1:p:127-131. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.