Using an unbalanced panel of Italian male wages covering the 1974-88 interval this study estimates the parameters of the wage covariance structure by minimum distance. Estimated variance components models allow for a linear trend in permanent wages, so that wage profiles convergence can be assessed by considering the covariance between intercepts and slopes of such individual trends. Evidence of permanent wage convergence is found in the overall wage distribution, but not within white collar workers: this contracts with human capital interpretations of wage dynamics and suggests that other factors, such as the egalitarian wage setting framework fully effective until the mid-80's, could have played a major role in shaping the wage distribution. Copyright 2000 by Blackwell Publishers Ltd and The Victoria University of Manchester
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Publisher Info
Article provided by University of Manchester in its journal Manchester School.
Volume (Year): 68 (2000) Issue (Month): 6 (December) Pages: 659-84 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)