@techreport{Schaffer2000Wage,
abstract = {Using a firm level dataset from four regions of Russia covering 1996/97, an investigation
was carried out into how the surplus created within the firm is divided between profits and
wages. An efficient bargaining framework based on the work of Svejnar (1986) is employed
which takes into account the alternative wage or outside option available to employees in
the firm as well as the value added per employee. Statistical differences in the share of the
surplus taken by employees employed in state, private and mixed forms of firms are found.
In addition, the results prove sensitive to the presence of outliers and influential
observations. A variety of diagnostic methods are employed to identify these influential
observations and robust methods are employed to lessen the influence of them. Whereas in
practice some of the diagnostic and robust methods utilised proved incapable of identifying
or accommodating the gross outlier(s) in the data, the more successful methods included
robust regression, Winsorising, the Hadi and Siminoff algorithm, Cook?s Distance and
Covratio.},
author = {Mark E. Schaffer and Peter J. Luke},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C21; J30; 330; Russian labour markets; efficient bargaining; outliers; regression diagnostics; robust regression; Lohn; Lohnverhandlungen; Eigent\"{u}merstruktur; Sch\"{a}tzung; Russland},
language = {eng},
number = {143},
title = {Wage Determination in Russia: An Econometric Investigation},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20983},
year = {2000}
}
