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The paper summarises the results of various economic concepts of minimum wage. Consecutively, it presents an analysis of the minimum wage development in the Czech Republic since its introduction in 1991 and of the impact of substantial changes in its level, which can be observed since 1999. The...
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The paper deals with one of the biggest problems currently faced by the Czech labour market: namely, a shortage of labour with regard to specialists who have completed tertiary education. The introduction stresses the importance of knowledge capital both in contemporary society and in a...
Persistent link: https://www.econbiz.de/10008500680
This paper deals with the situation on the Czech labour market in the period 1990-2006. It shows the status and development of the supply and demand sides of this market. Great attention is paid to the long-term trends in employment, self-employment, unemployment, and long-term unemployment. The...
Persistent link: https://www.econbiz.de/10005036290
During the transition of the central planned economies to the market system unemployment has become one of the most serious problems. The article describes the current state of unemployment in the Czech Republic and Slovakia. Using models of marginal effective tax rates developed by the OECD we...
Persistent link: https://www.econbiz.de/10005036601
This article deals with the issues of different theoretical approaches to education. Education is seen as a tool, how to distinct different marginal productivities of employees. We start from the fact of an information asymmetry on the labour markets, asymmetry between employers and potential...
Persistent link: https://www.econbiz.de/10009398915
This study is concerned with decomposing the gender pay gap in the Czech Republic. It aims not only to compare male and female wage-equations but also to uncover the gender pay gap structure. The decision of many women not to participate in the labor market can be influenced by potentially low...
Persistent link: https://www.econbiz.de/10005698710
The main objective of this article is to analyse the institutional framework of labour market function. Theoretical literature has created a set of institutional aspects such as employment protection legislation, structure of wage bargaining, taxation of labour, active labour market policies,...
Persistent link: https://www.econbiz.de/10008752935