%0 Report
        %A Myck, Michal
%A Morawski, Leszek
%A Mycielski, Jerzy
        %T Employment Fluctuations and Dynamics of the Aggregate Average Wage in Poland 1996-2003
        %D 2006
        %8 2006 Nov
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 2456
        %U https://www.iza.org/publications/dp2456
        %X The aggregate average wage is often used as an indicator of economic performance and welfare, and as such often serves as a benchmark for changes in the generosity of public transfers and for wage negotiations. Yet if economies experience a high degree of (nonrandom) fluctuation in employment the composition of the employed population will have a considerable effect on the computed average. In this paper we demonstrate the extent of this problem using data for Poland for the period 1996-2003. During these years employment in Poland fell from 51.2% to 44.2% and most of it occurred between the end of 1998 and the end of 2002. We show that about a quarter of the growth in the average wage during this period could be attributed purely to changes in employment.
        %K transition economies
%K wage distribution
%K aggregation
%K employment dynamics