Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75436
Authors: 
Duffy, Fiona
Walsh, Patrick Paul
Year of Publication: 
2000
Series/Report no.: 
LICOS Discussion Paper 87
Abstract: 
A simple model of wage setting and restructuring predicts that the average wage level in a regional labour market in Poland, among other factors, will be negatively related to the unemployment rate and positively related to the degree of regional restructuring. As in Blanchflower and Oswald (1994), the estimated unemployment elasticity of pay across regions is approximately - 0.1. Workers in low unemployment regions earn more pay indicating the presence of profit sharing. Workers in more restructured regions are shown to receive higher premiums in pay indicating compensation for exposure to risk during restructuring.
Subjects: 
Wage Determination
Unemployment
Restructuring and Polish Regions
JEL: 
J6
L0
O5
Document Type: 
Working Paper

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