@techreport{NBERw2870, title = "The Employer Size-Wage Effect", author = "Charles Brown and James L. Medoff", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "2870", year = "1989", month = "December", URL = "http://www.nber.org/papers/w2870", abstract = {We consider six explanations for the positive relationship between employer size and wages -- large employers (1) hire higher quality workers; (2) offer inferior working conditions; (3) make more use of high wages to forestall unionization; (4) have more ability to pay high wages; (5) face smaller pools of applicants relative to vacancies; (6) are less able to monitor their workers. We find some support for the first of these, but there remains a significant wage premium for those working for large employers.}, }