Intra‐Firm Wage Dispersion and Firm Performance: Evidence from Linked Employer‐Employee Data
利用比利时大型企业的雇主-雇员匹配数据，研究发现企业内部工资差距与人均利润正相关，且这种关系在蓝领工人和高监督强度的企业中更强，支持锦标赛理论而非公平理论。
SUMMARY This paper examines the relationship between intra‐firm wage dispersion and firm performance in large Belgian firms using a unique matched employer‐employee data set. On the basis of the Winter‐Ebmer and Zweimüller's (1999) methodology, we find a positive and significant relationship between intra‐firm wage dispersion and profits per capita, even when controlling for individual and firm characteristics and addressing potential simultaneity problems. Results also suggest that the intensity of this relationship is stronger for blue‐collar workers and within firms with a high degree of monitoring. These findings are more in line with the ‘tournament’ models than with the ‘fairness, morale and cohesiveness’ models.