About What Proportion of the Variation of Wages Across Workers

question 16

Essay

About what proportion of the variation of wages across workers is explained by factors that can be measured? What are the other factors that explain wage differences but are difficult to measure?

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Definitions:

Research Question

A question that guides the direction and focus of a scholarly investigation or study.

Policy Position

A stance or perspective held by an individual, organization, or government on a specific policy issue.

Testability

The capacity of comparisons to project consequences that have the potential to be shown to be false, inapplicable, or unacceptable.

Scientific Theories

Well-substantiated explanations of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experiment.