Winners and losers after 25 years of transition: Decreasing wage inequality in Slovenia

Suzana Laporšek, Peter Orazem, Milan Vodopivec and Matija Vodopivec

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Over the past twenty-five years, wage inequality has fallen in Slovenia, even as it has risen in most developed economies. The rates of return to education and work experience rose and remained high on average. However, rapid increases in the number of college graduates have outpaced the rising relative demand for skill among the youngest labor market entrants. As a result, the youngest cohorts of college graduates have experienced declining returns to education and a downward shift in their occupational distribution, which has not been experienced by older college graduates. These changes coincide with the implementation of the Bologna Reform, which reduced the length of time necessary to complete a bachelor’s degree and contributed to the incentives to attend college. Falling returns to tertiary education contributed to declining within-cohort wage inequality among the young, which was large enough to reduce overall wage inequality.

Date: 2021-06-01
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... a641568862dc/content
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Journal Article: Winners and losers after 25 years of transition: Decreasing wage inequality in Slovenia (2021)
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:isu:genstf:202106010700001798

Access Statistics for this paper

More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().