NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Reflections on the Inter-Industry Wage Structure

Alan B. Krueger, Lawrence H. Summers

NBER Working Paper No. 1968 (Also Reprint No. r0850)
Issued in April 1987
NBER Program(s):   EFG   LS

This paper reviews available evidence on the inter-industry wage structure. The inter-industry wage structure is remarkably similar in different eras, in different countries, and among different types of workers. Industries with high capital-to-labor ratios, monopoly power and high profits pay relatively high wages. We conclude that the competitive model cannot without substantial modification provide an adequate explanation of the

inter-industry wage structure. The implications of this finding for micro and macro economic theory and policy are examined.

download in pdf format
   (472 K)

download in djvu format
   (347 K)

email paper

This paper is available as PDF (472 K) or DjVu (347 K) (Download viewer) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Published:

  • Krueger, Alan B. and Lawrence H. Summers."Reflections on the Inter-Industry Wage Structure," Unemployment and the Structure of Labor Markets, eds. K. Lang and J. Leonard, Oxford, Basil Blackwell, 1987 ,
  • Krueger, Alan B. and Lawrence H. Summers. "Efficiency Wages And The Inter-Industry Wage Structure," Econometrica, 1988, v56(2), 259-294.

Users who downloaded this paper also downloaded these:
Katz Efficiency Wage Theories: A Partial Evaluation
Dickens and Katz w2271 Inter-Industry Wage Differences and Theories of Wage Determination
Dickens and Katz w2014 Interindustry Wage Differences and Industry Characteristics
Krueger and Summers w1952 Efficiency Wages and the Wage Structure
Katz and Summers Can Interindustry Wage Differentials Justify Strategic Trade Policy?
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us