Insider Forces and Wage Determination.
This paper attempts to assess the relative importance of firm-specific factors (i.e., insider forces) in wage determination. Using firm-level data on 219 UK companies over the period 1974-82, it finds that a 1% rise in a firm's prices or productivity relative to the aggregate economy leads to a...
Main Authors: | Nickell, S, Wadhwani, S |
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Format: | Working paper |
Language: | English |
Published: |
CEPR
1989
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