Wage determination under communism and in transition
Subtitle: evidence from Central Europe
By: by Swati Basu, Saul Estrin, Jan Svejnar.
Contributors: Estrin, Saul.; Svejnar, Jan.
Series: Discussion paper ;; no. 1276; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1276
Publisher: IZA
Published: 2004
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Wages -- Central Europe.
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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Includes bibliographical references.
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