The Concentration-Earnings Hypothesis: Reconciling Individual and Industry Data in U.S. Studies.

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1990
Volume: 52
Issue: 3
Pages: 293-302

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The authors provide at least a partial reconciliation of industry and individual level examinations of the influence of concentration on wages. They find that neither aggregation per se nor use of different wage measures accounts for the general failure of industry level studies to confirm a correlation. Instead, the failure results from serious misspecification forced by an incongruence by constructing an industry level data set that eliminates it and by showing that concentration emerges as significant, a result in harmony with most individual level studies. As a consequence, the results of previous industry level studies should be discounted. Copyright 1990 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:52:y:1990:i:3:p:293-302
Journal Field
General
Author Count
2
Added to Database
2026-02-02