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BrExit or BritaIn: Is the UK more Attractive to Supervisors? An Analysis of Wage Premium to Supervision across the EU

Marco Biagetti, Antonio Giangreco, Leone Leonida and Sergio Scicchitano ()

No 510, GLO Discussion Paper Series from Global Labor Organization (GLO)

Abstract: We define the wage premium to supervision (WPS) as the extra wage that supervisors earn relative to their subordinates, and estimate it at different quantiles of wage distribution for 26 European economies, comparatively focusing on the UK. We find that, by compensating supervisory positions according to the wage, the WPS increases wage inequality across most of the economies studied. Further, over 10% of the WPS depends upon the economic context. Our results suggest that, regarding the WPS, the UK is more rewarding than the other economies. We discuss implications for immigration and policymakers in relation to the post-Brexit process.

Keywords: Wage premium to supervision; Counterfactual density estimation; Role of economic context; Talent attraction; Brexit (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-eur
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Citations: View citations in EconPapers (2)

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