In
economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and intera ...
, wage dispersion is the variation in
wage
A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', ''prevailing wage'', and ''yearly bonuses,'' and remuner ...
s encountered in an economy.
See also
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Search theory
In microeconomics, search theory studies buyers or sellers who cannot instantly find a trading partner, and must therefore search for a partner prior to transacting.
Search theory clarifies how buyers and sellers choose when to acknowledge a coo ...
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Price dispersion
In economics, price dispersion is variation in prices across sellers of the same item, holding fixed the item's characteristics. Price dispersion can be viewed as a measure of trading frictions (or, tautologically, as a violation of the law of one ...
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Economic inequality
There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of we ...
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Wage ratio In economics, the wage ratio refers to the ratio of the top salaries in a group (company, city, country, etc.) to the bottom salaries. It is a measure of wage dispersion.
There has been a resurgence in the importance of the wage ratio. The amount ...
Books
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Dale T. Mortensen (2005), ''Wage Dispersion: Why Are Similar Workers Paid Differently?'', MIT Press.
Dispersion
Dispersion may refer to:
Economics and finance
*Dispersion (finance), a measure for the statistical distribution of portfolio returns
*Price dispersion, a variation in prices across sellers of the same item
*Wage dispersion, the amount of variatio ...
Income inequality metrics
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