RDP 9404: Wage Dispersion and Labour Market Institutions: A Cross Country Study Appendix 1: Wage Dispersion Summary Statistics

Michael Coelli, Jerome Fahrer and Holly Lindsay

June 1994

Table A1.1: Coefficient of Variation of Nominal Wages (x 100)
Period Sectors 1960–73 1974–83 1984–90
Australia 1969–90 10 22.3 20.1 21.7
Belgium 1975–90 8   15.5 18.2
Denmark 1966–90 10 14.0 7.7 8.1
Finland 1960–90 10 18.5 10.1 11.1
France 1977–87 9   10.1 10.4
Germany 1970–89 9 14.6 13.8 13.6
Iceland 1973–89 9 18.7 17.3 19.2
Italy 1970–90 8 27.0 20.8 19.2
Japan 1970–90 10 25.4 25.9 28.0
Luxembourg 1975–90 9   23.7 25.0
Norway 1962–90 10 20.0 21.8 22.0
Sweden 1980–90 10   12.4 14.3
United Kingdom 1971–87 10 16.0 18.6 21.5
United States 1960–87 10 18.0 19.8 20.8
AVERAGE     19.5 17.0 18.1
Table A1.2: Variance of the Log of Nominal Wages (x 100)
Period Sectors 1960–73 1974–83 1984–90
Australia 1969–90 10 4.17 3.73 4.04
Belgium 1975–90 8   2.15 3.10
Denmark 1966–90 10 2.46 0.78 0.71
Finland 1960–90 10 3.47 1.07 1.32
France 1977–87 9   1.12 1.08
Germany 1970–89 9 2.14 1.95 1.94
Iceland 1973–89 9 3.33 2.72 2.86
Italy 1970–90 8 9.31 5.01 4.58
Japan 1970–90 10 5.75 5.45 6.68
Luxembourg 1975–90 9   5.65 6.54
Norway 1962–90 10 5.77 6.52 5.78
Sweden 1980–90 10   1.93 2.26
United Kingdom 1971–87 10 2.54 3.58 4.89
United States 1960–87 10 4.03 4.38 4.98
AVERAGE     4.30 3.29 3.63
Figure A1.1: Variance of the Logs of Nominal Wages
Table A1.3: Coefficient of Variation of Real Product Wages (x 100)
Period Sectors 1960–73 1974–83 1984–90
Australia 1974–90 10   20.9 28.2
Belgium 1975–90 8   16.2 20.3
Denmark 1966–90 10 23.8 8.6 12.7
Finland 1960–90 10 30.2 14.6 10.1
France 1977–87 9   10.6 11.1
Germany 1970–89 9 22.4 16.0 14.1
Iceland 1973–89 9 22.6 18.0 24.1
Italy 1970–90 8 39.6 28.8 17.4
Japan 1970–90 10 44.2 31.6 27.0
Luxembourg 1975–90 9   26.5 27.5
Norway 1962–90 10 28.0 23.9 40.9
Sweden 1980–90 10   12.8 14.5
United States 1960–87 10 35.9 21.7 24.0
AVERAGE     30.8 19.2 20.9
Figure A1.2: Coefficient of Variation of Real Product Wages
Table A1.4: Variance of the Log of Real Product Wages (x 100)
Period Sectors 1960–73 1974–83 1984–90
Australia 1974–90 10   3.84 6.16
Belgium 1975–90 8   2.36 3.58
Denmark 1966–90 10 6.93 1.00 0.95
Finland 1960–90 10 8.14 2.17 1.11
France 1977–87 9   1.27 1.15
Germany 1970–89 9 4.45 2.51 1.95
Iceland 1973–89 9 4.48 2.86 5.03
Italy 1970–90 8 17.98 9.15 3.64
Japan 1970–90 10 14.10 7.57 6.63
Luxembourg 1975–90 9   6.92 8.22
Norway 1962–90 10 8.20 7.33 7.26
Sweden 1980–90 10   1.93 2.44
United States 1960–87 10 7.46 4.75 5.55
AVERAGE     8.97 4.13 4.13
Figure A1.3: Variance of the Logs of Real Product Wages