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Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Marina Spiridonova
Public-private wage gap
Bachelor’s programme
2014
There is currently the growing interest in studying job-satisfaction and a wage rate is one of its principal factors. The project is intended to cover some major issues pertaining to the sphere of the labor market. The general purpose of this project is to reveal the private-public wage gaps in Russia and 16 European countries and to examine these gaps dispersion in economies. The period observed is 1995 -2012.This research is particularly urgent due to the increased concern of the governments for the problem of private-public wages inequality which has an adverse affect on the whole economy. The issue posed can be a matter of great interest for all those who are engaged in the labor policy-making or occupy themselves with hiring the staff and for international companies.Using the data from the website of European Statistics as the basis for the present research an econometric technique such as OLS-method is applied to conduct the analysis. The research employs the statistical computer program called Eviews. The results obtained: the positive public-private wage gap which depends on such factors as hours worked, sex and the type of economy. Future research in this area of studies is urgently required

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