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Executive Compensation, Firm Performance, and State Ownership in China: Evidence from New Panel Data*

Kato, Takao; Long, Cheryl - William Davidson Institute, University of Michigan - 2004

This paper provides the first systematic evidence on compensation for executives of firms listed in China’s emerging stock market (currently the eighth largest of the world with market capitalization of over $550 billion). Specifically, using comprehensive financial and accounting data on...

Persistent link: https://www.econbiz.de/10005677675

After, Before and During: Returns to Education in the Hungarian Transition

Campos, Nauro F.; Jolliffe, Dean - William Davidson Institute, University of Michigan - 2002

How valuable are the education and skills acquired under socialism in a market economy? This paper uses data for about 3 million Hungarian wage earners, from 1986 to 1998, to throw light on this question. We find that returns to schooling reach 10 percent early on and remain at this high level....

Persistent link: https://www.econbiz.de/10005489922

Sorting, Selection, and Transformation of the Return to College Education In China

Fleisher, Belton M.; Li, Haizheng; Li, Shi; Wang, Xiaojun - William Davidson Institute, University of Michigan - 2000

We estimate selection and sorting effects on the evolution of the private return to schooling for college graduates during China’s reform between 1988 and 2002. We pay special attention to the changing role of sorting by ability versus budget-constraint effects as China’s education policy...

Persistent link: https://www.econbiz.de/10005652593

Returns to Skills and the Speed of Reforms: Evidence from Central and Eastern Europe, China, and Russia

Fleisher, Belton M.; Peter, Klara Sabirianova; Wang, Xiaojun - William Davidson Institute, University of Michigan - 2004

We explore the pace of increase in returns to schooling during the transition from planning to market over time across a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition economies covering a period from 1975 through 2002. Our...

Persistent link: https://www.econbiz.de/10005784595

Returns to Schooling in China Under Planning and Reform

Fleisher, Belton M.; Wang, Xiaojun - William Davidson Institute, University of Michigan - 2004

We estimate returns to schooling using a retrospective work history survey covering more than 4,000 workers over the period 1950 to 1994, with particular emphasis to the returns to schooling for workers who attended institutes of higher education and who graduated from college. We find evidence...

Persistent link: https://www.econbiz.de/10005784681

From Workers to Owners: Survey Evidence on the Impact of Property Rights Reforms on Small Farmers in Two Regions in Romania

Vidican-Sgouridis, Georgeta; Kim, Annette - William Davidson Institute, University of Michigan - 2008

organizational forms. Also, we find that productivity levels do not differ significantly between farming arrangements, and that labor …

Persistent link: https://www.econbiz.de/10005677511

Legal Minimum Wages and the Wages of Formal and Informal Sector Workers in Costa Rica

Gindling, T.H.; Terrell, Katherine - William Davidson Institute, University of Michigan - 2004

The classic dual economy models of developing countries hold minimum wages (among other institutions) accountable for … thousands workers living in Costa Rica to test whether legal minimum wages have a differential impact on the wages of workers in … evidence from Costa Rica is contrary to the assumptions of these models. We find that increases in minimum wages not only raise …

Persistent link: https://www.econbiz.de/10005677405

Differential Rewards to, and Contributions of, Education in Urban China’s Segmented Labor Markets

Maurer-Fazio, Margaret; Dinh, Ngan - William Davidson Institute, University of Michigan - 2002

Education’s role in determining worker incomes in China’s rapidly changing urban labor markets is investigated in this paper. Using worker data from a 1999-2000 urban enterprise survey, we examine the effects of education on the current earnings of continuously-employed urban workers,...

Persistent link: https://www.econbiz.de/10005677440

The Effects of Multiple Minimum Wages Throughout the Labor Market

Gindling, T. H.; Terrell, Katherine - William Davidson Institute, University of Michigan - 2004

This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings … Costa Rica. This country’s large uncovered sector and complex minimum wage policy, which has for decades set numerous wages … minimum wages. We find that legal minimum wages have a significant positive effect on the wages of workers in the covered …

Persistent link: https://www.econbiz.de/10005677696

Minimum Wages, Inequality and Globalization

Gindling, T. H.; Terrell, Katherine - William Davidson Institute, University of Michigan - 2004

by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the … wages in the 1980s and 1990s acted as a countervailing force to the unequalizing effect of globalization. Using annual data … on workers from the 1987-1997 household surveys, it is shown that changes in the legal minimum wages did indeed have an …

Persistent link: https://www.econbiz.de/10005677699

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