TY - JOUR
T1 - Labour market segmentation
T2 - Wage differentials and hysteresis effects
AU - McCausland, W. David
AU - Theodossiou, Ioannis
PY - 2005
Y1 - 2005
N2 - Competitive labour market analysis proposes that an individual's human capital endowment is the main mechanism for pay determination. This study develops a model to highlight hysteresis effects on either investment in physical capital for firms or investment in human capital for workers on wage differentials.
AB - Competitive labour market analysis proposes that an individual's human capital endowment is the main mechanism for pay determination. This study develops a model to highlight hysteresis effects on either investment in physical capital for firms or investment in human capital for workers on wage differentials.
U2 - 10.1111/j.1467-8454.2005.00249.x
DO - 10.1111/j.1467-8454.2005.00249.x
M3 - Article
SN - 0004-900X
VL - 44
SP - 65
EP - 81
JO - Australian Economic Papers
JF - Australian Economic Papers
IS - 1
ER -