Determinants of Managerial Pay in the Czech Republic

The purpose of this paper is to examine the determinants of the variation in Czech managers' pay levels. Among the questions we attempt to answer are: Are the managers in state-owned firms compensated differently than those in private owned firms? How much of the difference in pay is explained by differences in individual characteristics and job levels? What is the importance of the regional location or the industry affiliation of the firms for managerial pay differentials? We use data from a cross-section of Czech managers in 1998 and estimate earnings equations augmented with a host of explanatory variables related to firm and job characteristics.http://deepblue.lib.umich.edu/bitstream/2027.42/39694/3/wp310.pd

Anatomy of the Czech Labour Market:From Over-Employment to Under-Employment in Ten Years?

In this volume we investigate the macroeconomic aspects of labour market behaviour and its microfoundations. In the first part we deal with aggregate labour market trends and issues relevant to macroeconomic policy. The second part analyses in more detail labour flexibility, namely labour market flows, long-term unemployment and labour force deprivation. The third part addresses wage flexibility and relative wages, with special attention paid to regional unemployment elasticity of wages and returns to education. Worsening labour market performance can be seen especially in a rising NAIRU, declining labour mobility, labour deprivation due to long-term unemployment, skill mismatch and emerging signs of inflexibility in wage structures. Our conclusions are of use for both macroeconomic and labour market policies, signalling, among other messages, limitations on potential output growth stemming from deteriorated labour market performance and a need for institutional and structural changes rather than counter-cyclical policies to solve the unemployment problem in the Czech Republic.Employment, labour flows, labour force marginalisation, NAIRU, returns to education, unemployment, wage curve, wage differentials, wage inflation.

Proceedings of the 3rd Czech-China Scientific Conference 2017

This book comprises the proceedings of the 3rd Czech-China Scientific Conference 2017 which was held on 7th June 2017 in Ostrava, Czech Republic. The objective of the conference was to present the latest achievements in the fields of advanced science and technology that stem from research activities of

Proceedings of the 2nd Czech-China Scientific Conference 2016

This book comprises the proceedings of the 2nd Czech-China Scientific Conference 2016 which was held on 7th June 2016 in Ostrava, Czech Republic. The objective of the conference was to present the latest achievements in the fields of advanced science and technology that stem from research activities of