wow-inequalities/02-data/intermediate/wos_sample/4200b4bc545b10899ea15fdbb5735f95-cobb-j.-adam-and-li/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'Wage inequality in the United States has risen dramatically over the
past few decades, prompting scholars to develop a number of theoretical
accounts for the upward trend. This study argues that large firms have
been a prominent labor-market institution that mitigates inequality. By
compensating their low-and middle-wage employees with a greater premium
than their higher-wage counterparts, large U.S. firms reduced overall
wage dispersion. Yet, broader changes to employment relations associated
with the demise of internal labor markets and the emergence of
alternative employment arrangements have undermined large firms'' role as
an equalizing institution. Using data from the Current Population Survey
and the Survey of Income and Program Participation, we find that in
1989, although all private-sector workers benefited from a firm-size
wage premium, the premium was significantly higher for individuals at
the lower end and middle of the wage distribution compared to those at
the higher end. Between 1989 and 2014, the average firm-size wage
premium declined markedly. The decline, however, was exclusive to those
at the lower end and middle of the wage distribution, while there was no
change for those at the higher end. As such, the uneven declines in the
premium across the wage spectrum could account for about 20\% of rising
wage inequality during this period, suggesting that firms are of great
importance to the study of rising inequality.'
affiliation: 'Cobb, JA (Corresponding Author), Univ Penn, Wharton Sch, Philadelphia,
PA 19104 USA.
Cobb, J. Adam, Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA.
Lin, Ken-Hou, Univ Texas Austin, Dept Sociol, Austin, TX 78712 USA.'
author: Cobb, J. Adam and Lin, Ken-Hou
author-email: 'adamcobb@wharton.upenn.edu
lin@austin.utexas.edu'
author_list:
- family: Cobb
given: J. Adam
- family: Lin
given: Ken-Hou
da: '2023-09-28'
doi: 10.1287/orsc.2017.1125
files: []
issn: 1047-7039
journal: ORGANIZATION SCIENCE
keywords: 'firm-size wage premium; inequality; internal labor market; employment
relationship'
keywords-plus: 'INCOME INEQUALITY; EMPLOYER SIZE; MOTHERHOOD PENALTY; LABOR-MARKETS;
ORGANIZATION; EARNINGS; BIGGER; DISECONOMIES; OCCUPATIONS; ALLOCATION'
language: English
month: MAY-JUN
number: '3'
number-of-cited-references: '95'
orcid-numbers: Cobb, Joel Adam/0000-0001-8038-6908
pages: 429-446
papis_id: b3b59411aa906a45aed8e6d2a62fddc4
ref: Cobb2017growingapart
researcherid-numbers: Cobb, Joel Adam/T-3029-2019
times-cited: '43'
title: 'Growing Apart: The Changing Firm-Size Wage Premium and Its Inequality Consequences'
2023-10-01 08:15:07 +00:00
type: article
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unique-id: WOS:000403752700004
usage-count-last-180-days: '1'
usage-count-since-2013: '46'
volume: '28'
web-of-science-categories: Management
year: '2017'