Work detail

Economic Transformation and Inequality: Czech Republic, 1978-2016

Author: Bc. Adam Bernard
Year: 2022 - summer
Leaders: Mgr. Marek Šedivý
Work type: Bachelors
Language: English
Pages: 50
Awards and prizes:
Abstract: The thesis is primarily focused on the analysis and description of the development of the gender wage gap in the Czech Republic before and after the
Czech economic transformation. We studied and adjusted the datasets at the
household level from two different sources Czech Social Science Data Archive
(CSSDA) and Luxembourg Income Study Database (LIS) to ensure compatible results that are comparable for each year. Using the method of ordinary
least squares regression we aimed to calculate the adjusted gender wage gap
and compare the development of wage influencing factors. As a result of the
study we found out that the gender wage gap follows a U-shaped trend with
differences between male and female wages being 28% in 1978, then reaching
18% in 2004 and further declining to 23.3% in 2016. We observed a significant
increase in marginal returns to tertiary education before and after the transformation. When comparing separate male and female population predictors,
we observe opposite returns to having children and being married, positive for
men and negative for women throughout the observed period. The contribution
of this research lies mainly in providing comparable figures for all the observed
years and may help us better understand the underwent changes concerning
wage inequality.


Česká Spořitelna


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