Abstract

This paper examines whether there is an incentive in the wage structure of employees compared with the wage structure of self-employed workers using the most comprehensive survey of workers in Japan. While the estimation results of the whole sample of 35 092 indicate that there is an incentive, albeit insignificant, when the analysis is concentrated on petty and small-sized firms, which include most self-employed workers, no significant incentive is found. Therefore, the Lazear-Moore findings may be contaminated by the effect of firm scale.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.