International Differences in Male Wage Inequality: Institutions versus Market Forces
研究美国与九个OECD国家男性工资不平等的差异，发现美国更高的工资分散主要源于其他国家底部工资分布更压缩，而美国分散化的工资设定机制是主要解释因素。
This paper studies the considerably higher level of wage inequality in the United States than in nine other OECD countries. The authors find that the greater overall U.S. wage dispersion primarily reflects substantially more compression at the bottom of the wage distribution in the other countries. While differences in the distribution of measured characteristics help to explain some aspects of the international differences, higher U.S. prices (i.e., rewards to skills and rents) are an important factor. Labor market institutions, chiefly the relatively decentralized wage-setting mechanisms in the United States, provide the most persuasive explanation for these patterns. Copyright 1996 by University of Chicago Press.