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Pregled bibliografske jedinice broj: 820814

Časopis

Autori: Nikolic, Jelena; Rubil, Ivica; Tomić, Iva
Naslov: Pre-crisis reforms, austerity measures and the public-private wage gap in two emerging economies
( Pre-crisis reforms, austerity measures and the public-private wage gap in two emerging economies )
Izvornik: Economic systems (0939-3625) 41 (2017), 2; 248-265
Vrsta rada: članak
Ključne riječi: Public-private wage gap ; Austerity ; Economic crisis ; Emerging economies ; Decomposition ; Unconditional quantile regression
( Public-private wage gap ; Austerity ; Economic crisis ; Emerging economies ; Decomposition ; Unconditional quantile regression )
Sažetak:
This paper analyzes crisis adjustments of the public and private sectors in two emerging market economies, Croatia and Serbia, during the 2008–2011 period. It focuses on public- private wage gaps at the onset of and during the crisis, decomposed into structural and composition effects using an extension to the Oaxaca-Blinder method based on Recentered Influence Function (RIF) regressions and reweighting. The main results indicate that at the beginning of the crisis public sector workers in both countries enjoyed a significant wage premium, with the premium in Serbia being about three times higher than in Croatia. During the crisis, both countries experienced a similar increase of the premium, with Croatia reaching the size of gap usually estimated for EU countries, while Serbia stayed largely ahead. The results also show that the wage distribution in the public sector is more compressed than in the private sector in both countries, which is further exacerbated by the crisis. Despite the introduced austerity measures, public sector workers continue to enjoy well-protected and privileged jobs in terms of wages relative to their private sector counterparts. Structural reforms undertaken prior to the crisis played a decisive role in determining the countries’ responses to the crisis.
Izvorni jezik: eng
Rad je indeksiran u
bazama podataka:
Current Contents Connect (CCC)
EconLit
Scopus
SCI-EXP, SSCI i/ili A&HCI
Social Science Citation Index (SSCI) (sastavni dio Web of Science Core Collectiona)
Kategorija: Znanstveni
Znanstvena područja:
Ekonomija
URL Internet adrese: http://www.sciencedirect.com/science/article/pii/S0939362517300079
https://doi.org/10.1016/j.ecosys.2016.06.001
Broj citata:
Altmetric:
DOI: 10.1016/j.ecosys.2016.06.001
URL cjelovitog teksta:
Google Scholar: Pre-crisis reforms, austerity measures and the public-private wage gap in two emerging economies
Upisao u CROSBI: Iva Tomić (itomic@eizg.hr), 10. Lip. 2016. u 18:28 sati



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