Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new … micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market … economy. We use data from the Czech Republic because it is a leading transition economy in which the communist grid remained …

Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper are used new …Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new … micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market …