Estonia is also a pioneer with its eResidency program, and opening a company in the country can be done entirely online. Wage Inequality over Three Decades: A Reassessment, The contribution of the minimum wage to U.S. wage inequality over three decades: a reassessment, The contribution of the minimum wage to US wage inequality over three decades: a reassessment, LSE Research Online Documents on Economics, Emerging ethnic wage gap: Estonia during political and economic transition, Relaxation of employment protection and labour reallocation, Disincentive effects of unemployment insurance benefits: maximum benefit duration versus benefit level, Spikes and spill-overs: The impact of the national minimum wage on the wage distribution in a low-wage sector, Minimum wages and wage inequality: some theory and an application to the UK, Minimum Wages and Wage Inequality: Some Theory and an Application to the UK, Minimum wage effects in a developing country, Minimum Wage Effects in a Developing Country, The Paradox of Post-Communist Trade Unionism: ‘You Can't Want What You Can't Imagine’, Effects of Minimum Wages on the Russian Wage Distribution, The impact of minimum wage on the labour market in Estonia: an empirical analysis, Causes and Consequences of Income Inequality; A Global Perspective, Aggregate Wage Flexibility in Selected New EU Member States, Regional unemployment and human capital in transition economies1. Interestingly, the importance of the minimum wage for the wage distribution was smaller during the global financial crisis than before or after the crisis. Employers in Estonia who fail to pay the Minimum Wage may be subject to punishment by Estonia's government. ", Jaan Masso & Jaanika Meriküll & Priit Vahter, 2020. ", Nidardo, J. Copies of the paper will be available at the seminar. The country is a great place to work and do business, especially if you are on the IT sector. In 2017, average monthly gross wage in Estonia was 1221 euros, according to Statistics Estonia (2018). ", George A. Akerlof & Janet L. Yellen, 1990. The seminars of the Department of Economics and Finance (DEF) usually take place on the second and fourth Wednesdays of the month. ", Butcher, Tim & Dickens, Richard & Manning, Alan, 2012. In 2020, the national minimum wage in Estonia remained fixed at 584 € per month, that is 7,008 euros per year, taking into account 12 payments per year. ", Andres Kuusk & Karsten Staehr & Uku Varblane, 2017. Please note that corrections may take a couple of weeks to filter through The DEF seminar series is organised in collaboration with the project “Institutions for Knowledge Intensive Development”, which has received funding from the European Union’s Horizon 2020 research and innovation programme under the Marie Skłodowska-Curie grant agreement No 734712. Innovation and business centre Mektory has 4450 m2 of space for helping to reach your goals in innovation and business development. ", Jaan Masso & Vladyslav Soloviov & Kerly Espenberg & Inta Mierina, 2019. Getting a visa to work in Estonia if you are from outside of the EU is also rather easy. Have a look at our, Salary levels and everydays costs in Estonia. Estonia's Minimum Wage is the lowest amount a worker can be legally paid for his work. Monthly minimum wage Monthly minimum wage Hourly rate Hourly rate Exchange rate to … You can help correct errors and omissions. This article studies how changes in the statutory minimum wage have affected the wage distribution in Estonia, a post-transition country with little collective bargaining and relatively large wage inequality. Since its independence from the Soviet Union in the 1990’s, the economy of Estonia changed completely. We use cookies to improve your website experience. Applied Economics: Vol. Much of this development is due to favorable legislation for business. The seminars will generally be held in English. Minimum wages and the wage distribution in Estonia. the various RePEc services. ", Campos, Nauro F. & Dabusinskas, Aurelijus, 2009. Copies of the paper will be available at the seminar. Estonia's minimum wage is €470 per month,€2.78 per hour,applicable to all … The increase peaked in 2008, when the minimum wage rate increased by 20.8% compared to the minimum wage rate in the Wage Inequality in the United States During the 1980s: Rising Dispersion or Falling Minimum Wage? Wages in Estonia averaged 625.63 EUR/Month from 1991 until 2020, reaching an all time high of 1472 EUR/Month in the fourth quarter of 2019 and a record low of 7.35 EUR/Month in the fourth quarter of 1991. ", Katalin Bodnár & Ludmila Fadejeva & Stefania Iordache & Liina Malk & Desislava Paskaleva & Jurga Pesliakaitė & Nataša Todorović Jemec & Peter Tóth & Robert Wyszyński, 2018. This is also the national minimum wage of Estonia, and it is the highest among the Baltic States (if considered net figures). The seminars are public and the purpose is to strengthen discussion and research cooperation. Here are some examples of average prices as of January 2018: We would also recommend to use Teleport Cities to compare cities on quality of life, costs of living, salaries and more. Estonia currently has one of the high economic freedom levels in Europe. What procedures do you have to go through. https://mpra.ub.uni-muenchen.de/87041/1/MPRA_paper_87041.pdf, Minimum Wages and the Wage Distribution in Estonia, Minimum wages and the wage distribution in Estonia, Sectoral change and labour productivity growth during boom, bust and recovery in Central and Eastern Europe, Institutions, markets and men's and women's wage inequality: Evidence from Ukraine, Institutions, Markets and Men's and Women's Wage Inequality: Evidence from Ukraine, The Fair Wage-Effort Hypothesis and Unemployment, Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach, Labor Market Institutions and the Distribution of Wages, 1973-1992: a Semiparametric Approach, Minimum Wages and Earnings Inequality in Urban Mexico, American Economic Journal: Applied Economics, Wage inequality, minimum wage effects, and spillovers, Wage Inequality, Minimum Wage Effects and Spillovers, The Warwick Economics Research Paper Series (TWERPS), So many rocket scientists, so few marketing clerks: Estimating the effects of economic reform on occupational mobility in Estonia, So Many Rocket Scientists, So Few Marketing Clerks: Estimating the Effects of Economic Reform on Occupational Mobility in Estonia, The incidence and cost of job loss in a transition economy: displaced workers in Estonia, 1989 to 1999, The Incidence and Cost of Job Loss in a Transition Economy: Displaced Workers in Estonia, 1989-1999, William Davidson Institute Working Papers Series, Impact of Minimum Wages on Other Wages, Employment, and Family Incomes, Estonia, Latvia and Lithuania: Minimum Wages in a Context of Migration and Labour Shortages, The Minimum Wage Revisited in the Enlarged EU, Gross worker and job flows in a transition economy: an analysis of Estonia, Gross worker and job flows in a transition economy : an analysis of Estonia, The Contribution of the Minimum Wage to US Wage Inequality over Three Decades: A Reassessment, The Contribution of the Minimum Wage to U.S. If you are coming to Estonia you may want to check our post on how to get a job in Estonia. Below are some resources that might be useful for you around the web: World Nomads: this company provides travel insurance in most countries around the world, and it might be a good option if you going for a long travel. ", Ganguli, Ina & Terrell, Katherine, 2005. The seminars will generally be held in English. ", Katalin Bodnár & Ludmila Fadejeva & Stefania Iordache & Liina Malk & Desislava Paskaleva & Jurga Pesliakaite & Nataša Todorovic Jemec & Peter Tóth & Robert Wyszynski, 2017. General contact details of provider: http://edirc.repec.org/data/vfmunde.html . , C-wing, ground floor, Ülemiste City, 11415 Tallinn, Estonia, This website uses cookies. Abstract: This paper analyses how the statutory minimum wage has affected the wage distribution in Estonia, a country with little collective bargaining and relatively large wage inequality. ", David H. Autor & Alan Manning & Christopher L. Smith, 2016. Even if the minimum salary is relatively low in Estonia, the country economy is thriving. Firms' price and wage adjustment in Europe: Survey evidence on nominal stickiness, The Impact of the Minimum Wage on Other Wages. For example, if you work as a software team lead you can expect to earn a monthly gross salary of 3662 euros (source: Fontes Salary Survey 2017). The average monthly wage in Estonia if you consider gross figures is of 1400 euros per month as of 2020. ", Haltiwanger, John C. & Vodopivec, Milan, 2002. By closing this message, you are consenting to our use of cookies. Located in Valukoja 8, Tallinn. Technology Governance and Digital Transformation, Technology of Wood, Plastics and Textiles, Materials and Processes of Sustainable Energetics, Project application preparation & administration, Krisostomus Spring Special Offer until May 31, Is the shift in the uncertainty level provoked by the Great Recession? ", Katalin Bodnar & Ludmila Fadejeva & Stefania Iordache & Liina Malk & Desislava Paskaleva & Jurga Pesliakaite & Natasa Todorovic Jemec & Peter Toth & Robert Wyszynski, 2017. ", Druant, Martine & Fabiani, Silvia & Kezdi, Gabor & Lamo, Ana & Martins, Fernando & Sabbatini, Roberto, 2012. Questions regarding the seminar can be addressed to Prof Karsten Staehr, karsten dot staehr at ttu dot eeeval(decodeURIComponent('%76%61%72%20%65%3b%20%69%66%20%28%65%20%3d%20%64%6f%63%75%6d%65%6e%74%2e%67%65%74%45%6c%65%6d%65%6e%74%42%79%49%64%28%27%6f%62%66%75%73%63%61%74%65%64%5f%65%6d%61%69%6c%5f%32%32%27%29%29%20%65%2e%73%74%79%6c%65%2e%64%69%73%70%6c%61%79%20%3d%20%27%6e%6f%6e%65%27%3b%0a%64%6f%63%75%6d%65%6e%74%2e%77%72%69%74%65%28%27%3c%61%20%68%72%65%66%3d%22%6d%61%69%6c%74%6f%3a%6b%61%72%73%74%65%6e%2e%73%74%61%65%68%72%40%74%74%75%2e%65%65%22%20%74%61%72%67%65%74%3d%22%5f%62%6c%61%6e%6b%22%3e%3c%69%3e%6b%61%72%73%74%65%6e%2e%73%74%61%65%68%72%40%74%74%75%2e%65%65%3c%2f%69%3e%3c%2f%61%3e%27%29%3b')), organiser of the seminars. The minimum wage goes up in Estonia. This allows to link your profile to this item. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). See general information about how to correct material in RePEc. This section looks into minimum wage setting in Estonia and guides the reader to further material on collective wage bargaining. 3099067 Working conditions also depend on the sector – some companies are more strict with the working times and others allow their employees to be more flexible and choose their own preferred times of working. Seminar of the Department of Economics and Finance: Wednesday 22 March 201716:00–17:00 in room SOC-214, KARSTEN STAEHRDepartment of Economics and Finance, TTÜ and Eesti Pank, Co-authors: SIMONA FERRARO (TTÜ) and JAANIKA MERIKÜLL (Eesti Pank, University of Tartu). Survey Evidence fromCentral and Eastern Europe, The Impact of a Minimum Wage Change on the Distribution of Wages and Household Income, University of Tartu - Faculty of Economics and Business Administration Working Paper Series, Ferraro, Simona & Meriküll, Jaanika & Staehr, Karsten, 2018. ", Autor, David H. & Manning, Alan & Smith, Christopher L., 2016. Now it is in fact one of the fastest growing economies in the European Union, and the richest of the Baltic States. ", Era Dabla-Norris & Kalpana Kochhar & Nujin Suphaphiphat & Franto Ricka & Evridiki Tsounta, 2015. ", Simona Ferraro & Jaanika Merikull & Karsten Staehr, 2016. ", Lehmann, Hartmut & Philips, Kaia & Wadsworth, Jonathan, 2005.
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