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 InfoPaper provided by University of Delaware, Department of Economics in its series Working Papers with number 11-17.
Length: 27 pages
Date of creation: 2011
Date of revision:
Publication status: Forthcoming in Economic Systems
Contact details of provider:
Postal: Purnell Hall, Newark, Delaware 19716
Phone: (302) 831-2565
Fax: (302) 831-6968
Web page: http://www.lerner.udel.edu/departments/economics/department-economics/
More information through EDIRC
Croatia; Economics of Transition; Inequality; Gini coefficient;
Other versions of this item:
- Hoffman, Saul D. & Bićanić, Ivo & Vukoja, Oriana, 2012. "Wage inequality and the labor market impact of economic transformation: Croatia, 1970–2008," Economic Systems, Elsevier, vol. 36(2), pages 206-217.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-22 (All new papers)
- NEP-HIS-2011-08-22 (Business, Economic & Financial History)
- NEP-LAB-2011-08-22 (Labour Economics)
- NEP-LMA-2011-08-22 (Labor Markets - Supply, Demand, & Wages)
- NEP-TRA-2011-08-22 (Transition Economics)
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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