Open Access. Powered by Scholars. Published by Universities.®

Education Commons

Open Access. Powered by Scholars. Published by Universities.®

Iowa State University

1998

Economics Publications

Articles 1 - 1 of 1

Full-Text Articles in Education

Employment And Wage Dynamics In Estonia, 1989-95, Rivo Noorkoiv, Peter F. Orazem, Allan Puur, Milan Vodopivec Nov 1998

Employment And Wage Dynamics In Estonia, 1989-95, Rivo Noorkoiv, Peter F. Orazem, Allan Puur, Milan Vodopivec

Economics Publications

This study monitors the effects of economic transition on wages and employment in a former Soviet Republic. Estonia's case is of particular interest because of its early adoption of relatively free labour market policies. Relative wages for the highest educated groups rose for all age groups. There were also rapid increases in returns to job experience, particularly at young ages. Increasing wage dispersion across human capital groups was accompanied by narrowing wage dispersion within human capital groups. Relative wages rose in sectors which gained relative employment, while they fell in shrinking sectors. In addition, there were large flows of ...