Industrial organization,economic conditions,and the labor market success of young men: An overview and extension |
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Authors: | Ronald DAmico Thomas N Daymont |
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Institution: | Ohio State University USA |
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Abstract: | The relationship between workplace organization and socioeconomic attainments of workers, although an issue of some currency in contemporary stratification research, is complex and as yet not well understood. In contrast to dual economic theory, this paper attempts to sort out the separate effects of various components of the social organization of production on job rewards by adopting an explicit multidimensional approach to the conceptualization and measurement of organizational structure. Moreover, various considerations suggest that these structural impacts vary with business cycle activity. Accordingly, one of the research aims is to examine the extent to which various dimensions of organizational structure serve to differentially insulate workers from wage stagnation as economic conditions deteriorate. Finally, because firms may devise different institutional responses to declining product demand, these structural effects on both wage rates and unemployment propensities are examined. |
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