Changes in the Finnish Wage Structure: Will Demand and Supply Do?
研究了1977至1995年芬兰工资结构的变化,通过扩展Card和Lemieux的单一指数模型,发现加入技能供给变化能解释不同教育和经验组间的相对工资变化,但无法解释组内分布变化。
This study addresses changes in the wage structure in Finland between 1977 and 1995, and provides a simple explanation based on the demand for and supply of skills. The single index model of Card and Lemieux (1996) is augmented by incorporating changes in the supply of skills. The augmented model adequately accounts for the changes in relative wages between groups of different education and experience, but does not capture the changes in the within‐group distribution.