human capital

Intangible capital and wages: An analysis of wage gaps across occupations and genders in Czech Republic, Finland and Norway

This paper compares the effects of intangible capital on wage formation among white-collar manufacturing workers using comparative data from three European countries : the Czech Republic, Finland and Norway. The analysis is undertaken in two steps. First, we explore the wage differentials and the underlying sources for two occupation groups : innovation and non-innovation workers.

Career and Wage Dynamics: Evidence from Linked Employer-Employee Data

We study career and wage dynamics within and between firms using a large linked employer-employee panel dataset spanning 26 years. We construct six-level hierarchies for more than 5,000 firms. We replicate most of the analyses from Baker, Gibbs and Holmström (Quarterly Journal of Economics, 1994) and make some extensions. Many of our results corroborate their

Intangibles and the gender wage gap: An analysis of gender wage gaps across occupations in the Finnish private sector

The paper compares the gender wage differentials of two occupation groups – innovation and non-innovation workers – separately for manufacturing and services using Finnish private-sector data. We apply a decomposition method based on unconditional quantile regression techniques to identify key factors underlying the gender wage gaps observed along the whole wage distribution, as well as

Wage formation and gender wage gaps: The changing role of human capital in the Finnish technology industry

Both academia and policymakers express a strong belief in higher average education levels exerting a narrowing impact on wage inequality in general and gender wage gaps in particular. The present paper scrutinizes whether or not this effect extends to R&D- and export-intensive branches such as the technology industry. The answer seems to be a cautious

Toimihenkilöiden työ- ja palkkaurat Suomen teollisuudessa

Tutkimuksessa tarkastellaan toimihenkilöiden välisiä eroja työ- ja palkkaurissa sekä niiden taustalla vaikuttavia tekijöitä. Lisäksi tutkimuksessa kiinnitetään huomiota siihen, missä uravaiheessa merkittävimmät erot syntyvät ja mikä merkitys erilaisilla siirtymillä on palkkakehityksen kannalta. Teoriaosuudessa liitetään työvoiman liikkuvuus perinteiseen inhimillisen pääoman teoriaan sekä yritysten sisäisiä työmarkkinoita käsittelevään kirjallisuuteen. Kuvainnollisessa analyysissä arvioidaan erilaisten urakehitystä määrittävien siirtymien yleisyyttä ja tärkeyttä

Education – A Job Market Signal?

This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market signal. Possible economic implications of educational job market signalling to an individual and the society are represented based on existing theories. The paper also reviews central methods in empirical testing of the signalling/screening hypothesis. The empirical