'Compensating wage differentials' presentation slideshows

Chapter 8: Compensating Wage Differentials

Chapter 8: Compensating Wage Differentials. Compensating Wage Differentials. differences in pay designed to compensate for differences in non-wage job characteristics. Compensating wage differentials. Compensating wage differentials. Compensating wage differentials.

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Chapter 8

Chapter 8. Compensating Wage Differentials and Labor Markets. Figure 8.1: A Family of Indifference Curves between Wages and Risk of Injury. Figure 8.2: Representative Indifference Curves for Two Workers Who Differ in Their Aversion to Risk of Injury.

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Employers and Wages

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Compensating Wage Differentials

Compensating Wage Differentials. Compensating Wage Differentials. Utility, not wages, should be equalized across jobs in a perf. competitive market. Utility is affected by hardship, risk of injury, risk of layoff, working with people, etc. Affects occupations, regions, countries,...

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