Browsing Faculty of Arts & Social Sciences (FoA&SS / FoL / FBM) by Subject "Unobserved heterogeneity"
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Unobserved heterogeneity and the relation between earnings and firm size: evidence from two developing countries
(ElsevierDepartment of Economics, University of Nairobi,, 2005)Large firms in Ghana and Kenya pay much higher wages than small ones. We use panel data to show this is not the result of employing high-ability individuals. The size effect remains substantial with controls for individual ...