Wage and Non-Wage Labor Cost in the Czech Republic: The Impact of Fringe Benefits

CERGE-EI Working Paper Series No. 77

25 Pages Posted: 11 Feb 2010

See all articles by Randall K. Filer

Randall K. Filer

City University of New York, CUNY Hunter College - Department of Economics; Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute); University of Michigan at Ann Arbor - The William Davidson Institute; CESifo (Center for Economic Studies and Ifo Institute)

Ondrej Schneider

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute)

Jan Svejnar

School of International and Public Affairs, Columbia University, NY, USA; CEPR; IZA; CERGE-EI; University of Ljubljana

Date Written: November 1, 1994

Abstract

The paper discusses the development of non-wage benefits in the Czech economy during the transition from a planned to a market economy. It shows a slowly increasing importance of such instruments of attracting best employees as social insurance or subsidized goods and services. Following an initial discussion of the benefit system in the pre-transition Czechoslovak economy, the second section discusses the evolution of the national insurance scheme since the transition. The third section presents some econometric evidence regarding the current extent of non-mandatory fringe benefits provided by individual employers, as well as a discussion of why we believe such benefits are likely to become increasingly important in the coming years.

Suggested Citation

Filer, Randall K. and Schneider, Ondrej and Svejnar, Jan, Wage and Non-Wage Labor Cost in the Czech Republic: The Impact of Fringe Benefits (November 1, 1994). CERGE-EI Working Paper Series No. 77. Available at SSRN: https://ssrn.com/abstract=1550748 or http://dx.doi.org/10.2139/ssrn.1550748

Randall K. Filer (Contact Author)

City University of New York, CUNY Hunter College - Department of Economics ( email )

695 Park Avenue
Hunter West 1502
New York, NY 10021
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212-772-5499 (Phone)

HOME PAGE: http://econ.hunter.cuny.edu/faculty/filer/

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) ( email )

P.O. Box 882
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Prague 1, 111 21
Czech Republic
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HOME PAGE: http://www.cerge-ei.cz

University of Michigan at Ann Arbor - The William Davidson Institute

724 E. University Ave.
Wyly Hall
Ann Arbor, MI 48109-1234
United States

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

Ondrej Schneider

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) ( email )

P.O. Box 882
7 Politickych veznu
Prague 1, 111 21
Czech Republic

HOME PAGE: http://www.cerge-ei.cz

Jan Svejnar

School of International and Public Affairs, Columbia University, NY, USA ( email )

420 West 118th Street
New York, NY 10027
United States

CEPR

London
United Kingdom

IZA

P.O. Box 7240
Bonn, D-53072
Germany

CERGE-EI

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7 Politickych veznu
111 21 Prague 1, Prague
Czech Republic

HOME PAGE: http://www.cerge-ei.cz

University of Ljubljana ( email )

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Ljubljana, 1000
Slovenia

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