2005
DOI: 10.1016/j.jce.2005.03.009
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Is women's human capital valued more by markets than by planners?

Abstract: Münich, Daniel, Svejnar, Jan, and Terrell, Katherine-Is women's human capital valued more by markets than by planners?Using micro data on women in the Czech Republic, we compare returns to various measures of human capital at three points in time, namely, the end of Communism (1989), in mid-transition (1996), and in late-transition (2002). We find dramatic increases in returns to education from 1989 to 1996 but no change from 1996 to 2002 and no differences in returns to education in state vs. privately-owned… Show more

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Cited by 55 publications
(43 citation statements)
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References 26 publications
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“…allows the rate of return to vary across types of education level, which is consistent with the relevant literature (Heckman, Layne-Farrar and Todd, 1996;Münich, Svejnar and Terrell, 2005).…”
Section: Earnings Equationsupporting
confidence: 84%
“…allows the rate of return to vary across types of education level, which is consistent with the relevant literature (Heckman, Layne-Farrar and Todd, 1996;Münich, Svejnar and Terrell, 2005).…”
Section: Earnings Equationsupporting
confidence: 84%
“…6 Differences in observable worker characteristics explain little of the overall wage gap in his analysis. See also Munich et al (2005) who find that during the transition from central planning to market, Czech returns to education have risen at a similar pace for men and women.…”
Section: Wages In Post-communist Countriesmentioning
confidence: 99%
“…Hunt (2002) shows that while the gender earnings gap fell in East Germany after German unification, almost half of it was attributable to the exit from employment of low skill women. Münich, Svejnar, and Terrell (2005a) suggest that economic reforms narrowed the gap in Czech Republic. Studies on China mostly find that economic reforms raised the gender earnings gap.…”
Section: Introductionmentioning
confidence: 99%