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The Best and Worst-Paid Sectors in the Czech Republic
[Nejlépe a nejhůře placená odvětví v České republice]

Author

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  • Diana Bílková

Abstract

The present paper deals with the issue of different behaviour of wage distribution of two highest and two lowest-paid sectors of the Czech economy in the period since the beginning of the global economic crisis; the former ones are the sectors of "Financial and Insurance Activities" and "Information and Communication", the latter ones being those of "Accommodation and Food Service Activities" and "Administrative and Support Service Activities". The aim is to capture the differences between these two groups of sectors, not only in terms of wage levels, but also as far as the variability and concentration of wage distribution is concerned. The gross (nominal) monthly wage in CZK represents a research variable. The paper focuses on different developments of wage distribution of the above sector groups in time, wage level forecasts for 2015 and 2016 being included.

Suggested Citation

  • Diana Bílková, 2016. "The Best and Worst-Paid Sectors in the Czech Republic [Nejlépe a nejhůře placená odvětví v České republice]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2016(1), pages 33-53.
  • Handle: RePEc:prg:jnlaop:v:2016:y:2016:i:1:id:497:p:33-53
    DOI: 10.18267/j.aop.497
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    More about this item

    Keywords

    best-paid sectors; worst-paid sectors; global economic crisis; wage distribution; gross monthly wage; wage level forecasts;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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