COMPENSATING WAGE DIFFERENTIALS AND PUBLIC POLICY: A REVIEW.

The article summarizes the concepts of compensating wage differentials developed in the context of hedonic price theory. It focuses on the predicted trade-off between wages and disagreeable job characteristics. The elements of both the demand and supply functions relevant to the job are pace of work...

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Bibliographic Details

Published in:	ILR Review Vol. 32; no. 3; pp. 339 - 353
Main Author:	Smith, Robert S.
Format:	Article
Published:	Sage Publications Inc. Apr79
Subjects:	Wage differentials Wages Microeconomics Income Employment Labor costs Job descriptions Supply & demand Willingness to pay
Online Access:	View this record in EBSCOhost