search query: @author Farber, S. C. / total: 4
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| Author: | Farber, S. C. Newman, R. J. |
| Title: | Regional wage differentials and the spatial convergence of worker characteristic prices. |
| Journal: | Review of Economics and Statistics
1989 : MAY, VOL. 71:2, p. 224-231 |
| Index terms: | PAY DIFFERENTIALS REGIONAL DIFFERENCES |
| Language: | eng |
| Abstract: | A test for variation in wage structures across regions is provided. It is presumed that the appropriate test for structural variation incorporates a combination of two lines of research: structural variation and compensating variation. The model of earnings determination used implies that while job characteristic prices may be subject to stochastic shocks or industry-specific factors, and hence may differ between regions, the returns to human capital characteristics will be regional invariant. The results suggest that the theoretical expectation of regional homogeneity is generally supported for the 1970s. |
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