| 000 -LEADER |
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| fixed length control field |
01231nam a22001817a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
200903b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Leonardi, Macro |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Wage compression within the firm: evidence from an indexation scheme |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc |
The Economic Journal |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
129(624), Nov 2019. p. 3256–3291 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
We revisit the role of labour market institutions by showing how they affect the sharing of firm-specific rents between employers and employees. We look at an Italian wage indexation mechanism (‘Scala Mobile’) that compressed the distribution of wages, imposing real wage increases at the bottom of the distribution. After developing a simplified version of a search model with intra-firm bargaining and on-the-job search, we document that skilled workers received lower wage adjustments when employed at firms with many unskilled workers and they tended to move towards more skill-intensive firms. Moreover, the system drove the least skill-intensive firms out of the market. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Wages |
| 9 (RLIN) |
17494 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Indexation Scheme |
| 9 (RLIN) |
17495 |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Pellizzari, Michele |
| 9 (RLIN) |
17496 |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
The Economic Journal |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
LABOUR MARKET |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
