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Most labour market analyses take money wages as the sole measure of compensation for labour, thus excluding fringe benefits. We examine an extended compensation measure by incorporating mandatory collective earnings-related insurance rights: the rights of individual old age pension, sickness...
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This paper highlights public and negotiated pension rights in a total wage concept. Individual annual pension rights are calculated in order to analyse what the inclusion of pension rights in total wage could mean for wage differentials and wage dispersion. Copyright Fondazione Giacomo Brodolini...
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Wages are not only money wages. For an employee, the wage consists of all the benefits that he or she is entitled to as a result of employment. His or her total remuneration for work is composed of money wages plus non-wage benefits such as earnings-related or employment-related insurance...
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In a total wage concept we include fringe benefits and earnings-related insurance rights, in addition to money wage. Sickness benefit rights are an important part of insurance rights in many industrial countries. In this paper we analyse sickness benefit insurance rights and estimate their...
Persistent link: https://www.econbiz.de/10005196968
The paper compares the distribution of individuals’ wage to the distribution of labor compensation when important non-wage benefits are included. In our study for Sweden focus is on pensions, survivors’ benefits and sickness benefits. These are non-observed. A method of estimating these...
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