Wage inequality and the labor market impact of economic transformation: Croatia, 1970–2008
AbstractIn this paper, we examine wage inequality and wage differentials in Croatia from 1970 to 2008 using two long aggregate time series on the distribution of income. We focus especially on changing income inequality related to educational and vocational attainment, changing income inequality within those groups, and how these two components of inequality were affected by the economic transformation from socialism to capitalism. We find that income inequality between groups rose moderately post-transformation, while overall inequality increased more sharply. This finding is consistent with a growing importance of individual rather than group productivity in labor market compensation, a change broadly consistent with the economic transformation of the Croatian labor market.
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Bibliographic InfoArticle provided by Elsevier in its journal Economic Systems.
Volume (Year): 36 (2012)
Issue (Month): 2 ()
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Web page: http://www.elsevier.com/locate/inca/621171
More information through EDIRC
Croatia; Economics of transition; Inequality; Gini coefficient;
Other versions of this item:
- Saul D. Hoffman & Ivo Bicanic & Oriana Vukoja, 2011. "Wage Inequality and the Labor Market Impact of Economic Transformation: Croatia, 1970-2008," Working Papers 11-17, University of Delaware, Department of Economics.
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- P2 - Economic Systems - - Socialist Systems and Transition Economies
- P23 - Economic Systems - - Socialist Systems and Transition Economies - - - Factor and Product Markets; Industry Studies; Population
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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