TY  - RPRT
        AU  - Duffy, Fiona
AU  - Walsh, Patrick Paul
        TI  - Individual Pay and Outside Options: Evidence from the Polish Labour Force Survey
        PY  - 2001/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 295
        UR  - https://www.iza.org/publications/dp295
        AB  - Using Polish Labour Force Survey data, we examine whether competition for labour has induced individual pay to depend on outside options, availability and quality of jobs. Exploiting the lack of inter-regional job and worker flows we estimate the elasticity of individual pay, amongst a rich set of individual characteristics, to be approximately -0.1 for local unemployment (job shortages) and + 0.1 for local job reallocation (restructuring). Variations in local labour market conditions explain approximately 50 per cent of the differences in expected individual earnings across regions, while differences in inherited human capital and occupation structures explain the rest.
        KW  - Wage determination
KW  - unemployment
KW  - job reallocation and polish regions
        ER  -