Pregled bibliografske jedinice broj: 1053330
Decomposing Wage Distributions in Performance Paying Jobs: Changes During the Great Recession
Decomposing Wage Distributions in Performance Paying Jobs: Changes During the Great Recession // Academic Conference Proceedings / Rucheva Tasev, Hristina (ur.).
Budimpešta, Mađarska, 2019. str. 137-149 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
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Naslov
Decomposing Wage Distributions in Performance Paying Jobs: Changes During the Great Recession
Autori
Ledić, Marko
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Academic Conference Proceedings
/ Rucheva Tasev, Hristina - , 2019, 137-149
Skup
International Academic Conference Budapest 2019
Mjesto i datum
Budimpešta, Mađarska, 26.11.2019
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
produktivnost rada, razlike u nadnicama
(labour productivity, wage differentials)
Sažetak
In this study we have analyzed the wage differential in the wage distributions between performance and non-performance pay job schemes in South Korea. We identify workers in the performance pay job schemes if their wage is either decided on the basis of an individual's output, or on the basis of a team output or on the basis of the company's overall performance. Workers who are paid an hourly wage belongs to non-performance pay scheme. Since our results have confirmed that there exists a significant wage differential between performance and non- performance pay jobs schemes, we have proceeded further in analyzing which are the factors that affect the following wage differential. We have also analyzed whether the recent economic crisis that hit the economies in 2007/08 has affected the wage distributions between these two groups in South Korea. In our analysis we have used the Korean Labour and Income Panel Survey (KLIPS) from 2003 till 2010. In the first step we have applied a reweighted Oaxaca-Blinder decomposition method which provides us with the detailed decomposition of the wage differential at the mean. In the second step, we have applied the decomposition method based on the Recentred Influence Function (RIF) regressions in order to investigate the source of change in wages at different points of the wage distribution by decomposing the changes at various wage quantiles. Taking into account the possibility of heterogeneous results between gender we have performed separate decompositions for both men and women.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
