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
Englisch

Bibliographic citation
Series: ISER Working Paper Series ; No. 2009-20

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Hynninen, Sanna-Mari
Longhi, Simonetta
Event
Veröffentlichung
(who)
University of Essex, Institute for Social and Economic Research (ISER)
(where)
Colchester
(when)
2009

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hynninen, Sanna-Mari
  • Longhi, Simonetta
  • University of Essex, Institute for Social and Economic Research (ISER)

Time of origin

  • 2009

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