In
economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and interac ...
, wage dispersion is the variation in
wage
A wage is payment made by an employer to an employee for work (human activity), work done in a specific period of time. Some examples of wage payments include wiktionary:compensatory, compensatory payments such as ''minimum wage'', ''prevailin ...
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. It involves determining the best approach to use when looking for a specific ite ...
*
Price dispersion
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Economic inequality
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Wage ratio
Books
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Dale T. Mortensen (2005), ''Wage Dispersion: Why Are Similar Workers Paid Differently?'', MIT Press.
Dispersion
Income inequality metrics
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