Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees

The problem of ‘low-pay’ as a relatively new social phenomenon in Europe has received considerable attention over the past 20 years. The analysis of the low-pay in low income countries, where the average earning is already low by international standards is more complex and represents a challenging t...

Full description

Bibliographic Details
Main Authors: Dimitar NIKOLOSKI, Marjan ANGELESKI, Slavica ROCHESKA
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2018-06-01
Series:Eastern Journal of European Studies
Subjects:
Online Access:http://ejes.uaic.ro/articles/EJES2018_0901_NIK.pdf
_version_ 1819154471475740672
author Dimitar NIKOLOSKI
Marjan ANGELESKI
Slavica ROCHESKA
author_facet Dimitar NIKOLOSKI
Marjan ANGELESKI
Slavica ROCHESKA
author_sort Dimitar NIKOLOSKI
collection DOAJ
description The problem of ‘low-pay’ as a relatively new social phenomenon in Europe has received considerable attention over the past 20 years. The analysis of the low-pay in low income countries, where the average earning is already low by international standards is more complex and represents a challenging task. The stylised facts show that earnings are not uniform across the population, but they vary according to a number of socio-economic and demographic characteristics. The aim of this paper is to assess the earning function of employed workers in Macedonia by paying attention to the difference between low-paid and highly-paid employees. For this purpose, we estimate Mincer type model that explains wage income as a function of education, experience and other employee- and job-specific characteristics. As a result, we come up with a clear picture of the earnings determinants and we formulate appropriate policy recommendations.
first_indexed 2024-12-22T15:21:36Z
format Article
id doaj.art-c7f8f637b5a2412e96dbd508747d3cdf
institution Directory Open Access Journal
issn 2068-651X
2068-6633
language English
last_indexed 2024-12-22T15:21:36Z
publishDate 2018-06-01
publisher Alexandru Ioan Cuza University of Iasi
record_format Article
series Eastern Journal of European Studies
spelling doaj.art-c7f8f637b5a2412e96dbd508747d3cdf2022-12-21T18:21:36ZengAlexandru Ioan Cuza University of IasiEastern Journal of European Studies2068-651X2068-66332018-06-0191111131Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employeesDimitar NIKOLOSKI0Marjan ANGELESKI1Slavica ROCHESKA2University “St. Kliment Ohridski”-Bitola, FYRO MacedoniaUniversity “St. Kliment Ohridski”-Bitola, FYRO MacedoniaUniversity “St. Kliment Ohridski”-Bitola, FYRO MacedoniaThe problem of ‘low-pay’ as a relatively new social phenomenon in Europe has received considerable attention over the past 20 years. The analysis of the low-pay in low income countries, where the average earning is already low by international standards is more complex and represents a challenging task. The stylised facts show that earnings are not uniform across the population, but they vary according to a number of socio-economic and demographic characteristics. The aim of this paper is to assess the earning function of employed workers in Macedonia by paying attention to the difference between low-paid and highly-paid employees. For this purpose, we estimate Mincer type model that explains wage income as a function of education, experience and other employee- and job-specific characteristics. As a result, we come up with a clear picture of the earnings determinants and we formulate appropriate policy recommendations.http://ejes.uaic.ro/articles/EJES2018_0901_NIK.pdfearningslow-payhighly-paidMincer equation
spellingShingle Dimitar NIKOLOSKI
Marjan ANGELESKI
Slavica ROCHESKA
Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees
Eastern Journal of European Studies
earnings
low-pay
highly-paid
Mincer equation
title Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees
title_full Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees
title_fullStr Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees
title_full_unstemmed Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees
title_short Determinants of earnings in Macedonia: assessing the difference between low-paid and highly-paid employees
title_sort determinants of earnings in macedonia assessing the difference between low paid and highly paid employees
topic earnings
low-pay
highly-paid
Mincer equation
url http://ejes.uaic.ro/articles/EJES2018_0901_NIK.pdf
work_keys_str_mv AT dimitarnikoloski determinantsofearningsinmacedoniaassessingthedifferencebetweenlowpaidandhighlypaidemployees
AT marjanangeleski determinantsofearningsinmacedoniaassessingthedifferencebetweenlowpaidandhighlypaidemployees
AT slavicarocheska determinantsofearningsinmacedoniaassessingthedifferencebetweenlowpaidandhighlypaidemployees