WHAT AFFECTS WAGES?

Authors

  • Julianna Szécskainé Németh University of Pécs Faculty of Business and Economics

DOI:

https://doi.org/10.46541/978-86-7233-416-6_18

Keywords:

wage determination, human capital theory, wage differences

Abstract

For a long time, economic theories did not deal with wages and differences in wages. My main goal is to present Mincer's wage equation and the criticisms of his theoretical and empirical research. After that, I examine how different authors felt about wages, wage determination, and the reasons for wage differences. In connection with the analysis framework, I set out to distinguish two main factors: external and internal (individual) factors. Within the external factors, I examine the studies that analyze how region, industry, sector (private or public), city sizes, company sizes, and unions affect wages. Within the internal factors, I focus more on articles that deal with the influence of education, ability, age, race, gender, and marital status.

Published

2024-02-29

How to Cite

Szécskainé Németh, J. (2024). WHAT AFFECTS WAGES?. International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management, 140-148. https://doi.org/10.46541/978-86-7233-416-6_18

Issue

2023: Proceedings of the 28th International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management

Section

Articles