The unequal distribution of the public-private sector wage gap in Greece: evidence from quantile regression

Abstract

Quantile regression analysis is used to estimate the public-private sector wage differential in Greece. The results suggest that wage differences between sectors are mainly attributed to the employee's endowment. The decomposition of the wage differential shows that the endowment component (characteristics differential) increases as we move up to the upper quantiles and the unobserved components decrease at higher quantiles. (The views expressed in this paper are those of the author and not those of the Bank of Greece.)

Innovation Sources and Productivity: A Quantile Regression Analysis

“…Since Koenker and Bassett's (1978) work, a multiplicity of applications have been published in a variety of fields: firm-size distribution (Machado and Mata, 2000), barriers to entry (Mata and Machado, 1996;Gorg, Strobl and Roane, 2000;Arauzo and Segarra, 2005), innovation and firm growth Rao, 2006a, 2006b;Marsilli and Salter, 2005), R&D and patents (Nahm, 2001, Grasjo, 2005, wage differences (Mueller, 1998;Papapetrou, 2006) and productivity heterogeneity (Krüger, 2006). Following the analytical frame described by Crépon, Duguet and Mairesse (1998) and their succesive reexaminations (Mairesse and Mohen 2004) here we explore the relationships between two main sources of innovation -intramural and external R&D-and productivity in a sample of 3,267 firms.…”

The differences in job satisfaction among employees in public and private enterprises in Serbia

“…Data shows that men in public enterprises earn 19% more than their colleagues in the private sector on average, while the differ-ence in salaries among women reach even 42% (Kanellopoulos, 1997). Because the salaries in the public sector, especially in public administration, are increased by different types of bonuses for the realized productivity, reimbursements for work in committees of work groups and/or social work, the interest for jobs in public enterprises goes beyond the realistic capacities of this business sector (Papapetrou, 2006). Salaries in the public sector do not undergo great oscillations in relation to the unemployment rate, which furthermore loads the great state apparatus (Clark & Postel-Vinay, 2009).…”

“…Research conducted in Greece shows that employees in the public sector are more willing to accept a decrease in salary of 4.5% in order to avoid a job in private enterprises (Kioulafas, Donatos, & Michailidis, 1991), while in Italy, public employees are more satisfied with their jobs 3.5% on average than their colleagues in the private sector due to largely better working conditions (Ghinetti, 2006). According to the study results, greater salaries, financial and non-financial benefits, as well as the possibility of bribery affect a higher degree of job satisfaction among employees in the public business sector (Demoussis & Giannakopoulos, 2007;Luechinger, Meier & Stutzer, 2008;Papapetrou, 2006 Luechinger, Meier, Stutzer (2008) 25 European and 17 South-American countries in most contries, greater salary satisfaction among the employed in public enterprises Luechinger, Stutzer, Winkelmann(2010) Germany negative selection of the employed in the public sector Job safety is also stated as an important determinant of sector differences in job satisfaction, especially during economic recessions or unstable economic situations in the country. Job unsafety as a subjective, psychological phenomenon is characterized primarily by the feeling of uncertainty about future employment.…”

Degrees of precariousness : the problematic transition into the labour market of Greek higher education graduates

“…Despite gender disparities favouring male graduates in the labour market, as discussed above, private average returns on education were higher for women than for men before the crisis (Cholezas and Tsakloglou, 2006;Papapetrou, 2006). Speciically, an undergraduate university degree (AEI) is associated with a 29% wage premium for females and a 24% premium for males (Livanos and Pouliakas, 2009 (Livanos and Pouliakas, 2012).…”