Wednesday, 19 September 2018

Wages and the size of the Firm

We have known for some time that wages are greater in larger firms within the manufacturing sector. however it is the services sector stupid as James Carville would have said.

to date we have had little data to work with,

Thankfully on what I call Vox wonk today we have a news study entitled firm-size-productivity-and-pay-service-economy.

In short firm size still does count but it is nowhere as important as in manufacturing.

I like articles which show up results which are intuitive and add a bit of meat to the bones of theory. .

Well worth a read

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