The Remuneration of School Teachers: Time Series and Cross-Section Evidence
Malcolm Bee and
The Manchester School of Economic & Social Studies, 1995, vol. 63, issue 1, pages 1-22
This paper investigates movements in teachers' relative wage, focusing particularly on the role of market forces within a highly 'administered' labor market. The study draws on time-series data, covering the period between 1949 and 1990, together with evidence from surveys of 1960, 1970, and 1980 graduate cohorts to estimate the impact of market conditions on relative wage adjustment and individual teacher remuneration. In each case, the level of excess demand is shown to exert a strongly significant influence, working in conjunction with other factors such as trade union strength, character of salary negotiation mechanism, and individual teacher attributes. Copyright 1995 by Blackwell Publishers Ltd and The Victoria University of Manchester
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Persistent link: http://EconPapers.repec.org/RePEc:bla:manch2:v:63:y:1995:i:1:p:1-22
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