Arbeitspapier
Job competition and entry wages of highly educated workers: are there differences between Great Britain and Finland?
This paper analyses the impact that local labour market conditions have on entry wages of highly educated workers in Great Britain and Finland. In both countries, workers entering the labour market in regions with (or periods of) tighter job competition obtain lower wages. Competition from employed job seekers has a negative impact on entry wages in both countries, while competition from unemployed job seekers has a negative impact only in Finland. Overall, the wage elasticity is larger in Great Britain than in Finland, suggesting that centralised collective bargaining might mitigate the impact that local labour market conditions have on entry wages.
- Language
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Englisch
- Bibliographic citation
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Series: ISER Working Paper Series ; No. 2009-20
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Hynninen, Sanna-Mari
Longhi, Simonetta
- Event
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Veröffentlichung
- (who)
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University of Essex, Institute for Social and Economic Research (ISER)
- (where)
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Colchester
- (when)
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2009
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hynninen, Sanna-Mari
- Longhi, Simonetta
- University of Essex, Institute for Social and Economic Research (ISER)
Time of origin
- 2009