The Short-Run Behavior of Skilled Wage Differentials.

Walsh, William D.

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Peer reviewed

ERIC Number: EJ160068

Record Type: CIJE

Publication Date: 1977

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The Short-Run Behavior of Skilled Wage Differentials

Walsh, William D.

Industrial and Labor Relations Review, 30, 3, 302-313, Apr 77

Develops a theory to integrate the effects of three factors--the relative supply elasticities of skilled and unskilled labor, adjustments in skilled labor hiring standards, and the presence of fixed employment costs for skilled labor--on the response of skill differentials to demand variation. (Editor/LAS)

Descriptors: Employment Qualifications, Labor Economics, Labor Needs, Labor Supply, Salary Wage Differentials, Skilled Workers, Theories, Unskilled Workers, Wages

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