Toward a wage structure theory
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Toward a wage structure theory by Louis R. Salkever

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Published by Humanities Press in New York .
Written in English


  • Wages.

Book details:

Edition Notes

Bibliography: p. 155-157. Bibliographical footnotes.

Statementby Louis R. Salkever.
LC ClassificationsHB301 .S16
The Physical Object
Paginationvi, 161 p.
Number of Pages161
ID Numbers
Open LibraryOL5888641M
LC Control Number63021828

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Compensating Wage Theory 39 Efficiency Wage Theory 40 My Model 41 Duration of Contracts 49 Profit Curve 54 Profit Curve (Strike Case) 72 Corporate Profits with Inventory Valuation Adjustment in Manufacturing, Durable Goods and .   Discusses the behavioral science theory of wages. Gaps in economic wage theory; Wage level of the firm; Internal wage structure of the firm; Relationship between earnings and occupational status; Sociological analysis of labor markets; Employer as wage-setting institution; Maximization of gain as motivation of the by: 3. THEORY As reference to those few facts indi-cates, wage differentials are highly com-plicated. They are influenced by a va-riety of economic, historical, social, and political factors. Theory with respect to such differentials has been unsatisfac-tory partly because there is . wage differentials over time for the US economy. The stability of the wage structure for the US economy was further advanced by a study carried out by Cullen (). These early studies on wage differentials emphasized the demand side of the labor market, focusing on industrial characteristics influencing the wage structure.

These two Wages Theories are: ional Wages Theories of Wage Determination In this theory, the law of supply and demand dictates salary. These days programmers are in short supply and are in great demand thus they will command a higher salary. Likewise, doctors and lawyers whose specialised skills people need command a high wage. Wage Structure. Wage differentials are estimated from separate cross sectional log earnings regressions in each year by gender and with genders combined. The trend toward reduced educational wage differentials stopped or strongly reversed itself by the mids in all of these countries In theory papers, it is customary to merely. figure 1, the external wage structure, v(T), is distorted, inducing em- 2 The evidence in Bishop () and Barron, Berger, and Black () shows that wages across workers doing the same job in the same firm differ much less than their productivities, suggesting that the structure of wages . A salary range structure (or salary structure) is a hierarchal group of jobs and salary ranges within an organization. Salary structures often are expressed as pay grades or job grades that.

John Davidson developed this theory. Here wage level is determined by the bargaining power of employers and their association vs. employees and their trade unions. 8. Behavioral Theory. Norms, traditions, customs, goodwill, and social pressure influence the wage structure. Wages are the best motivators for workers. In the preface to his Theory of Wages, written in , J. R. Hicks noted that: periodical reconsiderations of each of the main departments of economic theory are an important part of the duty of economists.   The internal wage structure. In Taylor G. n F. C. (Eds.), New concepts in wage determination: – New York: McGraw-Hill Book Co. Google Scholar. Search within book. Front Matter. Pages i-xv. PDF. Front Matter. Pages PDF. The Task of Contemporary Wage Theory. John T. Dunlop. Pages The General Level of Wages. Front Matter. Pages PDF. The Determination of the General Level of Wage Rates. Harry G. Johnson. Pages The Wage Structure. Front Matter. Pages