SKILL-BIAS AND WAGE INEQUALITY IN THE EU NEW MEMBER STATES: EMPIRICAL INVESTIGATION
SKILL-BIAS AND WAGE INEQUALITY IN THE EU NEW MEMBER STATES: EMPIRICAL INVESTIGATION
| Author: | Mgr. Jan Pintera , |
|---|---|
| Type: | IES Working Papers |
| Year: | 2022 |
| Number: | 26 |
| ISSN / ISBN: | |
| Published in: | IES Working Papers 26/2022 |
| Publishing place: | Prague |
| Keywords: | Labor Markets, Technological Change, Polarization, Skills |
| JEL codes: | J30, J31, O14, O31, O33 |
| Suggested Citation: | Pintera J. (2022): "Skill-bias and Wage Inequality in the EU New Member States: Empirical Investigation" IES Working Papers 26/2022. IES FSV. Charles University. |
| Abstract: | We use the individual-level data on income and education level from the EU-SILC database to investigate the trends in income distribution and wage polarization in the EU New Member States. We do not confirm the existence of job polarization in wages and employment that has been observed in the United States or other developed countries. Rather, we document decreasing inequality, particularly in Czechia, Poland, Hungary and Slovakia. Also, our estimates of the elasticity of substitution between low and high skill labour are higher than often found in other countries. These results imply a different impact of globalization on the labour markets in the EU New Member States than in other countries. However, it remains unclear whether these differences are temporary or will prevail in the future. |
| Downloadable: | wp_2022_26_pintera.pdf |
