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Investment, Wages and Ownership During the Transition to a Market Economy: Evidence from Slovenian Firms

Prasnikar, Janez; Svejnar, Jan - C.E.P.R. Discussion Papers - 2003

(and trade-off between) investment and wages in Slovenian firms. We find that investment behaviour is more consistent with … display a trade-off between investment and wages, and workers share in firms’ surplus and appropriate funds that are supposed …

Persistent link: https://www.econbiz.de/10005497775

Returns to Human Capital Under the Communist Wage Grid and During the Transition to a Market Economy

Münich, Daniel; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 1999

Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new …

Persistent link: https://www.econbiz.de/10005666520

Do Markets Favour Women's Human Capital More Than Planners?

Münich, Daniel; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2004

Using micro data on women in the Czech Republic, we compare returns to various measures of human capital at the end of communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to education from 1989 to 1996 but no change from 1996 to 2002;...

Persistent link: https://www.econbiz.de/10005666862