This study highlights the factors that influence individual hours of work decision in fi ve transition economies. Employing the modifi ed Heckman estimation procedure the study fi nds positive and modest wage elasticities of labour supply in all the countries reviewed. This finding is consistent with stylized fact that those countries which inherited high labor force participation rates are relatively insensitive to changes in the wage rates. Apart from wages such factors as age, marital status, type of settlement, employee occupation, educational attainment, the presence of children and non-labour income are found to explain signi cantly labour supply behavior in the countries studied.
Essay on labour supply in transition economies / O. Yuldashev ; tutor: B. Bosco. Università degli Studi di Milano, 2012 Feb 17. 21. ciclo, Anno Accademico 2009. [10.13130/yuldashev-oybek_phd2012-02-17].
Essay on labour supply in transition economies.
O. Yuldashev
2012
Abstract
This study highlights the factors that influence individual hours of work decision in fi ve transition economies. Employing the modifi ed Heckman estimation procedure the study fi nds positive and modest wage elasticities of labour supply in all the countries reviewed. This finding is consistent with stylized fact that those countries which inherited high labor force participation rates are relatively insensitive to changes in the wage rates. Apart from wages such factors as age, marital status, type of settlement, employee occupation, educational attainment, the presence of children and non-labour income are found to explain signi cantly labour supply behavior in the countries studied.File | Dimensione | Formato | |
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