Since 2014
The Public Earnings Premium in a Mineral Rich Economy: New Piece in the Puzzle
Journal of Economic & Financial Studies
View Archive Info| Field | Value | |
| Title |
The Public Earnings Premium in a Mineral Rich Economy: New Piece in the Puzzle
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| Creator |
Alfarhan, Usamah
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| Subject |
Economics, Labor Economics, Wage Differentials
Earnings' differentials; Public/private sector earnings; Selection. J31; J45. |
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| Description |
This paper addresses the determination of sector earnings and the public earnings premium in Saudi Arabia. It uses a primary cross section of individuals collected in 2013, and employs the Oaxaca-Blinder decomposition methodology to show whether the observed sectoral earnings' differential is explained by differences in workers' characteristics or by a favorable public wage structure. While controlling for selection, the paper shows that public workers are better endowed rather than overpaid by a wealthy state. This finding suggests that, contrary to the general belief, the determination of public earnings does not contradict active labor market policies designed to encourage private sector employment of locals.
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| Publisher |
LAR Center Press
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| Contributor |
—
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| Date |
2015-02-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://journalofeconomics.org/index.php/site/article/view/100
10.18533/jefs.v3i01.100 |
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| Source |
Journal of Economic & Financial Studies; Vol 3, No 01 (2015): February; 10-23
2379-9471 2379-9463 |
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| Language |
eng
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| Relation |
http://journalofeconomics.org/index.php/site/article/view/100/256
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| Coverage |
Middle East / GCC
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