Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/108450
Authors: 
Kőrösi, Gábor
Year of Publication: 
2009
Series/Report no.: 
Budapest Working Papers on the Labour Market BWP - 2009/8
Abstract: 
Skill biased technical change arrived to Hungary with the transition to market economy. As Hungary integrated into the international economy, technical change progressed much faster in some sectors than in mature market economies. That lead to increasing skill premia, intensive rent sharing, and additional benefits for workers at innovative firms. This paper analyses wage setting at Hungarian firms after the micro-economic restructuring and stabilisation period, in the years 1998-2006, with a special regard to wage determination at innovative firms. Wage setting is characterised by intensive rent-sharing. Premium at innovative firms varies with the way of measuring it, and also changes with the sector and over time.
Subjects: 
innovation
rent sharing
corporate wage setting
JEL: 
J31
L10
O30
C23
ISBN: 
978-963-9796-87-4
Document Type: 
Working Paper

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