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The Establishment-Size Wage Premium in Greece

Authors: Joan Daouli; Michael Demoussis; Nicholas Giannakopoulos; Ioannis Laliotis;

The Establishment-Size Wage Premium in Greece

Abstract

In this paper we examine the establishment-size wage premium in Greece using a matched employee-employer dataset. The results of the econometric estimation suggest that indeed such a premium is present in the Greek market sector, too. Its magnitude is in line with those reported in other economies. Human capital, compensating wage differentials/incentive payment schemes and internal labor markets seem to be primarily responsible for the presence of the premium in question. Furthermore, the premium in manufacturing is substantially higher than the one in the services sector, indicating that employers in the former enjoy economics of scale, which eventually lead to higher wages, ceteris paribus. Nevertheless, a sizeable part of the premium remains unexplained.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
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