Internal Labor Markets, Wage Convergence, and Investment
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DOI: 10.1017/s0022109020000277
Abstract: Abstract I document wage convergence in conglomerates using detailed plant-level data: Workers in low-wage industries collect higher-than-industry wages when the diversified firm also operates in high-wage industries. I confirm this effect by exploiting the implementation… read more here.
Keywords: wage convergence; internal labor; labor markets; wage ... See more keywords