Determination of Factors Affecting Wage Differentiation in EU Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925971" target="_blank" >RIV/62156489:43110/24:43925971 - isvavai.cz</a>

Výsledek na webu

<a href="https://wseas.com/journals/articles.php?id=9813" target="_blank" >https://wseas.com/journals/articles.php?id=9813</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.37394/23207.2024.21.181" target="_blank" >10.37394/23207.2024.21.181</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Determination of Factors Affecting Wage Differentiation in EU Countries

Popis výsledku v původním jazyce

This study aims to identify the determinants of wage differentiation in European Union (EU) countries using panel data analysis. The literature review provides an overview of previous studies on wage differentiation, the current situation of wage differentiation in the EU, and the potential determinants and consequences of wage differentiation. The analysis shows that many potential variables influence wages and that direct modeling is problematic. However, the application of factor analysis led to the identification of significant factors, namely the economic strength of a country, the level of digitalization and working conditions, investment, and the unemployment rate. These findings are consistent with the existing literature. The robustness analysis of the results is provided. The conclusion offers recommendations for increasing wages based on the research results.

Název v anglickém jazyce

Determination of Factors Affecting Wage Differentiation in EU Countries

Popis výsledku anglicky

This study aims to identify the determinants of wage differentiation in European Union (EU) countries using panel data analysis. The literature review provides an overview of previous studies on wage differentiation, the current situation of wage differentiation in the EU, and the potential determinants and consequences of wage differentiation. The analysis shows that many potential variables influence wages and that direct modeling is problematic. However, the application of factor analysis led to the identification of significant factors, namely the economic strength of a country, the level of digitalization and working conditions, investment, and the unemployment rate. These findings are consistent with the existing literature. The robustness analysis of the results is provided. The conclusion offers recommendations for increasing wages based on the research results.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

WSEAS Transactions on Business and Economics

ISSN

1109-9526

e-ISSN

2224-2899

Svazek periodika

21

Číslo periodika v rámci svazku

14 November

Stát vydavatele periodika

GR - Řecká republika

Počet stran výsledku

16

Strana od-do

2203-2218

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85210449197