Construct · 1 fields · 1 citations

compensating wage differentials: a standalone construct

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Labor economics

wage differences that offset differences in the non-wage attributes of jobs, such as risk or unpleasantness.

In labor economics, compensating wage differentials refers to wage differences that offset differences in the non-wage attributes of jobs, such as risk or unpleasantness. This meaning comes from Rosen (1986) in Handbook of Labor Economics.[1]

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Nearby constructs

labor4 fields · 4 citationsjingle · one word, four constructs offset3 fields · 5 citationsjingle · one word, three constructs risk6 fields · 13 citationsjingle · one name, six constructs

References

Rosen, S. (1986). The theory of equalizing differences. In Handbook of Labor Economics (pp. 641-692). Elsevier. https://doi.org/10.1016/s1573-4463(86)01015-5

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