Estonia, which adopted relatively free labor market policies early in its transition, experienced rapid increases in returns to human capital Ntilde; rising returns to education and rising relative wages for younger educated workers, but declining returns to experience for older workers with...

This study monitors the effects of economic transition on wages and employment in a former Soviet Republic. Estonia's case is of particular interest because of its early adoption of relatively free labour market policies. Relative wages for the highest educated groups rose for all age groups....

The authors use a retrospective survey of 9,608 individuals, aged 16 to 75, to monitor the effects of Estonia's economic transition on wages and employment. Estonia is an interesting case because of its early adoption of relatively free labor market policies. Estonia's transition led to rapid...