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diverged so much over the transition period while the skill composition of employment did not. Our approach in analyzing the … countries due to differences in the labor market returns (price effect), differences in unobservables (residual effect), and … differences in the labor force composition (composition effect). We conclude that of these three effects the price effect makes a …
Persistent link: https://www.econbiz.de/10009477073
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search …, immigration, unemployment, equalizing differences, and institutions in the labor market. There is particular emphasis on the …
Persistent link: https://www.econbiz.de/10009432547
change during the late transition period, and reinforced by market adjustment of wage ratio to the true differences in labor …This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on … increased skill wage premium and supply of skills in transition economies. It examines whether similar skill–favoring shifts in …
Persistent link: https://www.econbiz.de/10009477147
Education’s role in determining worker incomes in China’s rapidly changing urban labor markets is investigated in this … between institutionally-differentiated groups of workers in China’s urban labor markets. An interesting hierarchy of returns …
Persistent link: https://www.econbiz.de/10009477510
enterprises shed redundant workers. This paper focuses on the role of education in determining labor market outcomes in China …'s rapidly changing urban labor environment. The empirical work, based on enterprise and worker survey data gathered in the fall … of 1999 and spring of 2000, demonstrates that education is a key determinant of labor market outcomes. Educational …
Persistent link: https://www.econbiz.de/10009476862
variation there and we explore potential explanations for this outcome through related capital and labor mobility patterns. The … complementaritiesstory. Unemployment of the least-skilled workers appears lower in areas with a higher share of college educated labor and … to regional shocks by educational level brought about in part by Central European labor-market institutions, such as …
Persistent link: https://www.econbiz.de/10009476949
Differences in regional unemployment in post-communist economies are large and persistent. We show that within-country regional variation in inherited human capital in four such economies explains the bulk of regional variation in unemployment; we explore potential explanations. Our evidence...
Persistent link: https://www.econbiz.de/10009477362
residential location (housing prices) and commutes workers must be paid the same wages and only wage premia arising from ….S. Decennial Census. We find that wages are higher when an individual works in a location that has more workers or a greater … productivity. Extended model specifications suggest that wages increase with the education level of nearby workers and the …
Persistent link: https://www.econbiz.de/10009430136
results are presented. Different concepts such as transition and system innovation are used as theoretical lenses in the …
Persistent link: https://www.econbiz.de/10009445643
acquisition and thus presents adverse consequences for the entire transition economy if a substantial portion of the labor force …One feature common to many post-socialist transition economies is a relatively compressed wage structure in the state … works in the state sector. We explore firm wage incentives and worker training, as well as other labor practices and …
Persistent link: https://www.econbiz.de/10009476682