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Please use this identifier to cite or link to this item: http://arks.princeton.edu/ark:/88435/dsp01vt150j262
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dc.contributor.authorKrueger, Alan B.en_US
dc.contributor.authorHolzer, Harryen_US
dc.contributor.authorKatz, Lawrenceen_US
dc.date.accessioned2011-10-26T01:57:11Z-
dc.date.available2011-10-26T01:57:11Z-
dc.date.issued1988-04-01T00:00:00Zen_US
dc.identifier.citationQuarterly Journal of Economics, Vol 106, August 1991en_US
dc.identifier.urihttp://arks.princeton.edu/ark:/88435/dsp01vt150j262-
dc.description.abstractThis paper uses job applications data to test the existence of non-competitive, ex—ante rents in the labor market. We first examine whether jobs that pay the legal minimum wage face an excessive supply of labor as measured by the number of job applications received for the most recent position filled by the firm. The results indicate that openings for jobs that pay the minimum wage attract significantly more job applications than jobs that pay either more or less than the minimnum wage. This spike in the job application rate distribution indicates that ex-ante rents generated for enp1oyees by an above market-level minimum wage do not appear to be completely dissipated by employer actions. The second part of the paper uses a similar approach to examine whether jobs in high-wage industries pay above market-clearing wage rates. We find a weak, positive relationship between inter-industry application differentials and inter-industry wage differentials. In addition, our results indicate that employer size has a sizeable positive effect on the job application rate even after controlling for the wage rate. The paper considers several possible explanations for these findings.en_US
dc.relation.ispartofseriesWorking Papers (Princeton University. Industrial Relations Section) ; 230en_US
dc.relation.urihttp://links.jstor.org/sici?sici=0033-5533%28199108%29106%3A3%3C739%3AJQAW%3E2.0.CO%3B2-Yen_US
dc.subjectapplicationsen_US
dc.subjectjob queuesen_US
dc.subjectminimum wageen_US
dc.subjectindustry wage structureen_US
dc.titleJob Queues and Wages: New Evidence on the Minimum Wage and Inter-Industry Wage Structureen_US
dc.typeWorking Paperen_US
pu.projectgrantnumber360-2050en_US
Appears in Collections:IRS Working Papers

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