EconPapers    
Economics at your fingertips  
 

Individual Pay and Outside Options: Evidence from the Polish Labour Force Survey

Patrick Walsh () and Fiona Duffy

No 201, CERT Discussion Papers from Centre for Economic Reform and Transformation, Heriot Watt University

Abstract: Using Polish Labour Force Survey data, we examine whether competition in the labour market as induced individual pay to depend on outside options. Exploiting the lack of inter-regional job and worker flows we estimate the elasticity of individual pay, amongst a rich set of individual characteristics, to be approximately -0.1 for local unemployment and +0.1 for local job reallocation (composition shifts in employment over the business cycle). Variations in local labour market conditions explain approximately 50 per cent of the differences in expected individual earnings across regions, while differences in inherited human capital and occupation structures explain the rest.

Keywords: Wage determination; unemployment; job reallocation and Polish regions (search for similar items in EconPapers)
JEL-codes: J6 L0 O5 (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www2.hw.ac.uk/sml/downloads/cert/wpa/2002/dp0201.pdf (application/pdf)

Related works:
Working Paper: Individual Pay and Outside Options: Evidence from the Polish Labour Force Survey (2001) Downloads
Working Paper: Individual Pay and Outside Options: Evidence from the Polish Labour Force Survey (2000) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hwe:certdp:0201

Access Statistics for this paper

More papers in CERT Discussion Papers from Centre for Economic Reform and Transformation, Heriot Watt University Contact information at EDIRC.
Bibliographic data for series maintained by Colin Miller ().

 
Page updated 2019-09-15
Handle: RePEc:hwe:certdp:0201