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Author: Klein, Bruce W.
Resulting in 2 citations.
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Rodgers, William M., III Spriggs, William E. Klein, Bruce W. |
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Do the Skills of Adults Employed in Minimum Wage Contour Jobs Explain Why They Get Paid Less? Working Paper, College of William & Mary and US Dept of Labor, March 1997 Cohort(s): NLSY79 Publisher: Author Keyword(s): Discrimination, Job; Job Skills; Minimum Wage; Monopsony Employers; Wage Differentials; Wage Gap Permission to reprint the abstract has not been received from the publisher. Using data from the National Longitudinal Survey of Youth, we compare the pay of workers employed on the minimum wage contour defined by Spriggs and Klein (1994) to the pay of similar workers in other jobs. We also examine whether the minimum wage increases in 1990 and 1991 change the wage gap's size. Our findings suggest that workers on the minimum wage contour are paid less than similarly qualified workers, and that the minimum wage increases helped to narrow some of this differential. This is consistent with Dickens, et.al. (1994) who theorize that low-wage firms have monopsony-like power in setting wages. |
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Bibliography Citation
Rodgers, William M., III, William E. Spriggs and Bruce W. Klein. "Do the Skills of Adults Employed in Minimum Wage Contour Jobs Explain Why They Get Paid Less?" Working Paper, College of William & Mary and US Dept of Labor, March 1997. |
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Rodgers, William M., III Spriggs, William E. Klein, Bruce W. |
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Do the Skills of Adults Employed in Minimum Wage Contour Jobs Explain Why They Get Paid Less? Journal of Post Keynesian Economics 27,1 (Fall 2004): 38-66. Also: http://econpapers.repec.org/article/mespostke/v_3a27_3ay_3a2004_3ai_3a1_3ap_3a38-66.htm Cohort(s): NLSY79 Publisher: M.E. Sharpe, Inc. Keyword(s): Human Capital; Job Tenure; Minimum Wage; Occupational Choice; Schooling; Training, Occupational; Training, On-the-Job; Wage Differentials; Wage Gap; Wage Levels Permission to reprint the abstract has not been received from the publisher. Using data from the National Longitudinal Survey of Youth, we compare the pay of workers employed on the minimum wage contour to the pay of similar workers in other jobs. We also examine whether the minimum wage increases of 1990 and 1991 narrow the pay gap. We find that characteristics of minimum wage contour workers explain most of their relative pay disadvantage; however, from 1986 to 1990, a residual wage gap of 5.0 to 5.8 percent emerged. The increases in the minimum wage help to slow the gap's widening. |
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Bibliography Citation
Rodgers, William M., III, William E. Spriggs and Bruce W. Klein. "Do the Skills of Adults Employed in Minimum Wage Contour Jobs Explain Why They Get Paid Less?" Journal of Post Keynesian Economics 27,1 (Fall 2004): 38-66.
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