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

Fiona Duffy and Patrick Walsh ()
Additional contact information
Fiona Duffy: affiliation not available

No 295, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Using Polish Labour Force Survey data, we examine whether competition for labour has induced individual pay to depend on outside options, availability and quality of jobs. 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 (job shortages) and + 0.1 for local job reallocation (restructuring). 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)
Pages: 46 pages
Date: 2001-05
References: Add references at CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
https://docs.iza.org/dp295.pdf (application/pdf)

Related works:
Working Paper: Individual Pay and Outside Options: Evidence from the Polish Labour Force Survey (2002)
Working Paper: Individual Pay and Outside Options: Evidence from the Polish Labour Force Survey (2000)
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:iza:izadps:dp295

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().