The Public/Private Wage Differential in the Land of Gross National Happiness

The Public/Private Wage Differential in the Land of Gross National Happiness PDF Author: Achim D. Schmillen
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 39

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Book Description
In Bhutan, the public sector is usually seen as the most desirable employer. This study asks if this can be attributed to public sector employees receiving higher wages than comparable private sector workers. To answer the question, the study combines an Oaxaca-type decomposition of wage differentials into characteristics and coefficients effects with a multinomial logit model for self-selection into labor force participation and the public or private sector. The study finds that the public/private wage differential is sizeable but can entirely be accounted for by observable characteristics. At the same time, there is strong evidence that preferences for public sector jobs are caused by pronounced intersectoral differences in overall compensation packages, in particular fringe benefits.

The Public/Private Wage Differential in the Land of Gross National Happiness

The Public/Private Wage Differential in the Land of Gross National Happiness PDF Author: Achim D. Schmillen
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 39

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Book Description
In Bhutan, the public sector is usually seen as the most desirable employer. This study asks if this can be attributed to public sector employees receiving higher wages than comparable private sector workers. To answer the question, the study combines an Oaxaca-type decomposition of wage differentials into characteristics and coefficients effects with a multinomial logit model for self-selection into labor force participation and the public or private sector. The study finds that the public/private wage differential is sizeable but can entirely be accounted for by observable characteristics. At the same time, there is strong evidence that preferences for public sector jobs are caused by pronounced intersectoral differences in overall compensation packages, in particular fringe benefits.

The Public/Private Wage Differential in the Land of Gross National Happiness

The Public/Private Wage Differential in the Land of Gross National Happiness PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


The Public/private Wage Differential in a Poor Urban Economy

The Public/private Wage Differential in a Poor Urban Economy PDF Author: David L. Lindauer
Publisher:
ISBN:
Category : Wages
Languages : en
Pages : 24

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Book Description


Public-Private Wage Differentials and Interactions Across Countries and Time

Public-Private Wage Differentials and Interactions Across Countries and Time PDF Author: Chadi Abdallah
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 40

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Book Description
Public-Private Wage Differentials and Interactions Across Countries and Time

Wage Differentials Between Federal Government and Private Sector Workers

Wage Differentials Between Federal Government and Private Sector Workers PDF Author: Sharon Patricia Smith
Publisher:
ISBN:
Category : Infrastructure (Economics)
Languages : en
Pages : 542

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Book Description


Equal Pay in the Public Sector

Equal Pay in the Public Sector PDF Author: Sharon P. Smith
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 204

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Book Description


Government Wage Differentials

Government Wage Differentials PDF Author: Sharon P. Smith
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 68

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Book Description


Pay Differentials Among Mature Workers in the Public and Private Sectors

Pay Differentials Among Mature Workers in the Public and Private Sectors PDF Author: Joseph F. Quinn
Publisher:
ISBN:
Category : Older people
Languages : en
Pages : 42

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Book Description


Public-private Wage and Non-wage Differentials

Public-private Wage and Non-wage Differentials PDF Author: Morley Gunderson
Publisher:
ISBN:
Category :
Languages : en
Pages : 39

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Book Description


Gross National Happiness and Macroeconomic Indicators in the Kingdom of Bhutan

Gross National Happiness and Macroeconomic Indicators in the Kingdom of Bhutan PDF Author: Sriram Balasubramanian
Publisher: International Monetary Fund
ISBN: 1484389719
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
This paper examines the origins and use of the concept of Gross National Happiness (or subjective well-being) in the Kingdom of Bhutan, and the relationship between measured well-being and macroeconomic indicators. While there are only a few national surveys of Gross National Happiness in Bhutan, the concept has been used to guide public policymaking for the country’s various Five-Year Plans. Consistent with the Easterlin Paradox, available evidence indicates that Bhutan’s rapid increase in national income is only weakly associated with increases in measured levels of well-being. It will be important for Bhutan to undertake more frequent Gross National Happiness surveys and evaluations, to better build evidence for comovement of well-being and macroeconomic concepts such as real national income.