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Listed author(s):
  • Thorolfur Matthiasson

    (University of Iceland)

Icelandic university teachers, the Ministry of Finance and the University of Iceland have been conducting an interesting experiment by changing the form of remuneration of university teachers in a fundamental way. This paper accounts for the development of university teachers salaries the last 20-30 years and gives the details of the remuneration system as well as its impact on wage development and wage dispersion within the university community. The effect of the changed system of remuneration on scholary productivity is also discussed. JEL-categories: J3, J5, H8 Keywords: Remuneration of university teachers, work incentives, salaries.

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Paper provided by EconWPA in its series Labor and Demography with number 0311003.

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Length: 20 pages
Date of creation: 15 Nov 2003
Handle: RePEc:wpa:wuwpla:0311003
Note: Type of Document - pdf; prepared on Mac OS X; pages: 20; figures: 2
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