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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20542| Title: | Wage Determination under Communism and in Transition : Evidence from Central Europe |
| Keywords: | J41 J30 ddc:330 wages rent-sharing transition economies Lohnbildung Lohnverhandlungstheorie Rententheorie Übergangswirtschaft Schätzung Tschechische Republik Polen Slowakei rent-sharing |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | Using large firm-level data sets from the Czech Republic, Slovakia, Poland and Hungary, we show that the wage behavior of firms changed considerably as these economies launched their transitions to a market system. We find evidence of worker sharing in their enterprise rents and losses at the end of the communist period in some economies and within a year after the launching of the transition, we find rent sharing in all of them. Using the Czech and Slovak data we show that the state-owned enterprises (SOEs) that existed under communism and survived allow for less worker rent-sharing than other firms. We also test for the presence of a wage curve and with the exception of Slovakia we do not find a significant association between local unemployment and wages. Finally, we do not find significant effects of firm ownership on wages. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20542 |
| Other Identifiers: | http://hdl.handle.net/10419/20542 ppn:396327753 |
| Appears in Collections: | EconStor |
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