TY - JOUR
T1 - Job complexity and wages
AU - van Ophem, H.
AU - Hartog, J.
AU - Vijverberg, W. P. M.
N1 - Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 1993
Y1 - 1993
N2 - We estimate a model inspired by Tinbergen's 1956 article, with utility maximizing job choice, where utility depends on job complexity and the wage rate, and where the equilibrium wage structure provides for compensation for more complex jobs. It involves maximum likelihood estimation of a two-equation model with heteroscedastic errors, in which one of the equations is an ordered probit. In the wage functions, individual characteristics and job level interact (comparative advantage). Females face a steeper wage slope across job levels. Individuals' marginal rate of substitution between wage and job complexity is increasing both in job complexity and wages. -Authors
AB - We estimate a model inspired by Tinbergen's 1956 article, with utility maximizing job choice, where utility depends on job complexity and the wage rate, and where the equilibrium wage structure provides for compensation for more complex jobs. It involves maximum likelihood estimation of a two-equation model with heteroscedastic errors, in which one of the equations is an ordered probit. In the wage functions, individual characteristics and job level interact (comparative advantage). Females face a steeper wage slope across job levels. Individuals' marginal rate of substitution between wage and job complexity is increasing both in job complexity and wages. -Authors
UR - http://www.scopus.com/inward/record.url?scp=0027728408&partnerID=8YFLogxK
U2 - 10.2307/2526969
DO - 10.2307/2526969
M3 - Article
AN - SCOPUS:0027728408
SN - 0020-6598
VL - 34
SP - 853
EP - 872
JO - International Economic Review
JF - International Economic Review
IS - 4
ER -