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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Alexandru Ioan Cuza University of Iasi
2018-06-01
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Series: | Eastern Journal of European Studies |
Subjects: | |
Online Access: | http://ejes.uaic.ro/articles/EJES2018_0901_NIK.pdf |
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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 |
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