Wage Stagnation and the Decline of Standardized Pay Rates, 1974–1991

IF 5.5 1区 经济学 Q1 ECONOMICS
Maxim Massenkoff, Nathan Wilmers
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引用次数: 0

Abstract

Using new establishment-by-occupation microdata, we show that the use of discretionary wage setting significantly expanded in the 1970s and 1980s. Increasingly, wages for blue-collar workers were not standardized by job title or seniority but instead subject to managerial discretion. When establishments abandoned standardized pay rates, wages fell, particularly for the lowest-paid workers in a job and for those in establishments that previously paid above market rates. This shift away from standardized pay rates, in context of a broader decline in worker bargaining power, accelerated the decline in real wages experienced by blue-collar workers in the 1980s. (JEL J31, J33, J52, M52, O33)
1974-1991年,工资停滞和标准工资率下降
使用新的企业按职业的微观数据,我们表明自由裁量工资设定的使用在20世纪70年代和80年代显著扩大。蓝领工人的工资越来越不以职称或资历来标准化,而是由管理层酌情决定。当企业放弃标准工资率时,工资就会下降,尤其是对一份工作中收入最低的工人和那些以前支付高于市场工资的企业的工人。在工人议价能力普遍下降的背景下,这种偏离标准化工资率的转变加速了上世纪80年代蓝领工人实际工资的下降。(jel j31, j33, j52, m52, o33)
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来源期刊
CiteScore
9.10
自引率
1.60%
发文量
63
期刊介绍: American Economic Journal: Applied Economics publishes papers covering a range of topics in applied economics, with a focus on empirical microeconomic issues. In particular, we welcome papers on labor economics, development microeconomics, health, education, demography, empirical corporate finance, empirical studies of trade, and empirical behavioral economics.
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