Wage elasticity of the teacher supply in Switzerland
AbstractIn order to learn more about the teacher supply in Switzerland, this paper analyses eleven surveys of graduates of all Swiss universities for the period of 1981-2001. We estimate wages for teachers and non-teachers with the help of selection models. The predicted individual wage differentials between teaching and all other jobs indicate a positive self-selection of teachers into teaching. Furthermore the reaction of teachers supply on the wage differential shows a wage elasticity of 0.41. As in other studies, the wage differential is counter cyclical, due to the static wage setting of the public. As a consequence, the public sector itself is creating at least a part of the cyclical pattern of teacher shortages and oversupplies.
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Bibliographic InfoArticle provided by ULB -- Universite Libre de Bruxelles in its journal Brussels economic review.
Volume (Year): 47 (2004)
Issue (Month): 3-4 ()
wage elasticity; labour supply; teachers; university graduates; Switzerland.;
Other versions of this item:
- Wolter, Stefan C. & Denzler, Stefan, 2003. "Wage Elasticity of the Teacher Supply in Switzerland," IZA Discussion Papers 733, Institute for the Study of Labor (IZA).
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
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