Rent-Sharing And Wages: Product Demand Or Technology Driven Premia?
AbstractThere is a renewed interest in non-competitive wage determination. Studies have shown that firms share rents with workers. How such rents are appropriated by firms to share, or why firms may wish to do so, is still an area of debate. Using a unique data set, where workers are matched directly to their workplace, we use instrumental variable estimation to examine which shocks create rent-sharing and the size of the rent-sharing effects. The results find rentsharing is strongest for establishments investing in new process technology, and for employers who wish to share their successes with their employees.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. 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.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Economics of Innovation and New Technology.
Volume (Year): 5 (1998)
Issue (Month): 2-4 ()
Contact details of provider:
Web page: http://www.tandfonline.com/GEIN20
Find related papers by JEL classification:
- new - - - - - -
- tec - - - - - -
- JEL - Labor and Demographic Economics - - - - -
- Cla - Mathematical and Quantitative Methods - - - - -
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Hollanders,Hugo & Weel,Bas,ter, 1999. "Skill-Biased Technical Change: On Endogenous Growth, Wage Inequality and Government Intervention," Research Memoranda 013, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
- Bruinshoofd,Allard & Hollanders,Hugo & Weel,Bas,ter, 1999. "Knowledge Spillovers and Wage Inequality: An Empirical Investigation of Knowledge-Skill Complementarity," Research Memoranda 008, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.