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Notes on the Structure of Wages

Slichter, Sumner H.·1950·The Review of Economics and Statistics

Abstract

N EITHER wage rates nor hourly earnings represent the price of labor that is, the amount which the employer pays for a given amount and kind of service or the amount which employees receive for doing a given kind of work under given conditions.' Consequently, it is not surprising that there are large variations both in the rates paid by different plants within the same locality for jobs nominally at least within the same occupation, and in the hourly earnings of employees doing apparently similar work in different plants. A good illustration of the spread of rates within an occupation in a city is given by the hiring rates for common labor paid by 85 plants in Cleveland. In February I947, these rates were as follows:2

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Metadata

Authors
Slichter, S. H.
Venue
The Review of Economics and Statistics
Publisher
JSTOR
Published
1950-02
Volume
32
Issue
1
Pages
80
ISSN
0034-6535 (ISSN-L)
OpenAlex
W2328623186
Cited by
297
References
0
FWCI
0.00
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Notes on the Structure of Wages. https://app.cochat.ai/papers/10.2307/1928282
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Slichter, S. H. (1950). Notes on the Structure of Wages. The Review of Economics and Statistics. https://doi.org/10.2307/1928282

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