Why are workers with identical skills found in both "good" jobs and "bad" jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In Wage Dispersion, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these…
Revised contributions and discussions from a two-day international conference on "Information and Communications Technologies, Employment, and Earnings," organized by the editors, held in Nice in June 1998, and sponsored by the Conseil de l'Emploi, des Revenus et de la Coh?esion Sociale (CERC), and by the 10th CREST-NBER Franco-American economic seminar.Essays on the computer and the economy, p…