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Determinanty mezd zaměstnanců v podnicích v České republice a Slovenské republice
[Determinants of individual wages in the Czech republic and Slovak republic firms]


  • Jaromír Gottvald


The paper investigates individual wage determinants in context of classic human capital methodology. Paper tries to confront economic assumptions with empirical findings for the Czech Republic and presents that in view of labour market during late-transition period. Czech labour force is relatively well educated and trained, price of labour is low to be competitive to developed economies. Education of employee plays very important role in wage determination and there are significant increase in returns to human capital during all transition process. But working in some occupation has major individual intensity of influence on wage level than level of education. Education and occupation are strongly correlated each other but nevertheless occupation plays major role in wage determination process. Comparing other results with hypothesis, paper concludes that main assumptions are confirmed by derived findings. Paper supports that wage-age profile, regional differences or gender wage gap are becoming similar to other developed countries.

Suggested Citation

  • Jaromír Gottvald, 2003. "Determinanty mezd zaměstnanců v podnicích v České republice a Slovenské republice
    [Determinants of individual wages in the Czech republic and Slovak republic firms]
    ," Politická ekonomie, University of Economics, Prague, vol. 2003(4).
  • Handle: RePEc:prg:jnlpol:v:2003:y:2003:i:4:id:416

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    References listed on IDEAS

    1. Claudia Goldin, 2004. "The Long Road to the Fast Track: Career and Family," NBER Working Papers 10331, National Bureau of Economic Research, Inc.
    2. Claudia Goldin, 2006. "The Quiet Revolution That Transformed Women's Employment, Education, and Family," American Economic Review, American Economic Association, vol. 96(2), pages 1-21, May.
    3. Balcar Jiří & Filipová Lenka & Machová Zuzana, 2012. "Gender Wage Gap in the Czech Republic: First Descriptive Analysis Based on Survey 2011," Review of Economic Perspectives, De Gruyter Open, vol. 12(3), pages 151-167, October.
    4. Luisa Escriche, 2007. "Persistence of Occupational Segregation: the Role of the Intergenerational Transmission of Preferences," Economic Journal, Royal Economic Society, vol. 117(520), pages 837-857, April.
    5. Goldin, Claudia, 2006. "The Quiet Revolution That Transformed Women’s Employment, Education, and Family," Scholarly Articles 2943933, Harvard University Department of Economics.
    6. Luisa Escriche & Gonzalo Olcina & Rosario Sánchez, 2004. "Gender discrimination and intergenerational transmission of preferences," Oxford Economic Papers, Oxford University Press, vol. 56(3), pages 485-511, July.
    Full references (including those not matched with items on IDEAS)

    More about this item


    wage determinants; transition; wage function; returns to human capital;

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform


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