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Remarks on the rural development of the cultural and creative industries in North-Western Hungary - by Petra Kinga Kézai Read more

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Demographic Transformation, Eroding Social Capital and Segregation on Outskirt Areas of Hungarian Cities - article by Gábor Vasárus, Ádám Szalai & József Lennert Read more

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Battle of the Batteries: Chinese EV Investments and the Issue of Local Content Requirements - article by Ágnes Szunomár Read more

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Round-Tripping Foreign Direct Investment: Why It Matters and What Can Be Done - by Magdolna Sass and Imre Fertő Read more

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KTI Seminar: Bíró, Anikó – Labor Market Tightness, Wage Inequality and Workplace Amenities

The presentation will take place in a hybrid format via zoom interface or in person in the room K.0.11-12 on 16.01.2025, from 13.00.

Speaker: Bíró, Anikó

Title: Labor Market Tightness, Wage Inequality and Workplace Amenities (Anikó Bíró, Joao G. da Fonseca, Attila Lindner, Tímea Laura Molnár)

Abstract:

Firm-level wage premium increases on average with labor market tightness. We focus on the role of compensating wage differentials behind this relation, as competition increases the need for compensation for bad amenities. Using administrative data from Hungary, we proxy bad amenities with the workplace related risk of injury, and study how bad amenities are reflected in firm wage premium over the business cycle. We also document how firm quality is affected by increased worker compensation. Finally, we provide a theoretical background to our results in a search and matching framework.

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