Politická ekonomie
Politická ekonomie
Politická ekonomie
TEORETICKÝ ČASOPIS • ISSN 0032-3233 (Print) • ISSN 2336-8225 (Online)

Politická ekonomie Vol. 67 No. 2

Analýza mezd a vybraných ukazatelů v zemích OECD

DOI: https://doi.org/10.18267/j.polek.1231

[plný text (PDF)]

Diana Bílková

The research database consists of the OECD countries except Iceland, Latvia and Turkey, which were excluded because of insufficient data. The primary objective of the study is to group the countries according to their average wage, GDP per capita, minimum wage and unemployment rate. Another objective, of no less importance, is to determine which of the three remaining above variables significantly affect the average wage, while defining the type and strength of this relationship. Yet another important goal is to develop forecasts of the wage level and GDP per capita for each OECD country by 2020. In terms of clustering OECD countries by the four variables, the Czech Republic always ranks alongside Chile and three post-communist countries, Estonia, Hungary and Poland. GDP per capita is the only explanatory variable significantly affecting the average wage. The dependence of these two variables is represented by a secondorder polynomial (concave parabola), the selected regression parabola explaining approximately 88 percent of the variability in the observed levels of the average annual wage. The conversion of the average wage, GDP per capita and minimum wage to purchasing power parity allows consideration of different price levels and thus comparison of purchasing power parity of the population in different countries.

JEL klasifikace: C22, C35, C38, E24, E25

Akkemik, K. A. (2007). The Response of Employment to GDP Growth in Turkey: An Econometric

Estimation. Applied Econometrics and International Development, 7(1), 65–74, Dostupné z:


Angeles, L. (2008). GDP per Capita or Real Wages? Making Sense of Conflicting Views on

Pre-industrial Europe. Explorations in Economic History, 45(2), 147–163, https://doi.org/10.1016/j.eeh.2007.09.002

Bertola, G. (1990). Job Security, Employment and Wages. European Economic Review, 34(4),

851–879, https://doi.org/10.1016/0014-2921(90)90066-8

Bowen, W. G., Berry, R. A. (1963). Unemployment Conditions and Movements of the Money

Wage Level. The Review of Economics and Statistics, 45(2), 163–172, https://doi.org/10.2307/1924653

Brockwell, P. J., Davis, R. A. (2002). Introduction to Time Series and Forecasting. New York:

Springer. ISBN 978-0-387-95351-9.

Card, D., Krueger, A. B. (1993). Minimum Wages and Employment: A Case Study of the Fast

Food Industry in New Jersey and Pennsylvania. National Bureau of Economic Research.

Cambridge Working Paper No. 4509, https://doi.org/10.3386/w4509. Dostupné z:


Darlington, R. B., Hayes, A. F. (2017). Regression Analysis and Linear Models: Concepts,

Applications, and Implementation. New York: The Guilford Press. ISBN 978-1462521135.

Dickens, R., Manning, A. (2004). Has the National Minimum Wage Reduced UK Wage Inequality?

Statistics in Society (Series A), 167(4), 613–626, https://doi.org/10.1111/j.1467-985X.2004.aeI2.x

Gallaway, L. E., Koshal, R. K., Chapin, G. L. (1970). The Relationship between the Rate of Change

in Money Wage Rates and Unemployment Levels in South Africa. South African Journal

of Economics, 38(4), 262–267, https://doi.org/10.1111/j.1813-6982.1970.tb00267.x

Grossman, J. B. (1983). The Impact of the Minimum Wage on Other Wages. The Journal

of Human Resources, 18(3), 359–378, https://doi.org/10.2307/145206. Dostupné z:


Hall, R. E., Milgrom, P. R. (2008). The Limited Influence of Unemployment on the Wage Bargain.

American Economic Review, 98(4), 1653–1674, https://doi.org/10.1257/aer.98.4.1653

Hong, G. H., Koczan, Z., Lian, W. et al. (2017). The Disconnect between Unemployment and

Wages. Washington, D.C.: International Monetary Fund. Dostupné z: https://blogs.imf.


Löster, T. (2015). Evaluation of Coefficients for Determining the Optimal Number of Clusters

in Cluster Analysis on Real Data Sets. Příspěvek prezentovaný na konferenci The 9th

International Days of Statistics and Economics (MSED 2015) [online] Praha 10.09.2015–

12.09.2015, 1014–1023. Dostupné z: https://msed.vse.cz/msed_2015/article/230-Loster-


Makhalová, E., Pecáková, I. (2015). The Fuzzy Clustering Problems and Possible Solutions.

Příspěvek prezentovaný na konferenci The 9th International Days of Statistics and Economics

(MSED 2015) [online] Praha 10.09.2015–12.09.2015, 1052–1061. Dostupné z: https://msed.


OECD (2012). OECD Environmental Outlook to 2050: The Consequences of Inaction. Paříž:

Organizace pro hospodářskou spolupráci a rozvoj. Dostupné z: https://www.oecd.org/


OECD (2018). OECD Economic Outlook and Interim Economic Outlook. Paříž: Organizace pro

hospodářskou spolupráci a rozvoj. Dostupné z: http://www.oecd.org/eco/outlook/


Oxley, L., Greasley, D. (1997). Convergence in GDP per Capita and Real Wages: Some Results

for Australia and the UK. Mathematics and Computers in Simulation, 43(3–6), 429–436,


Pícl, M., Richter, P. (2014). Minimální mzda a její vliv na nezaměstnanost v ČR. Acta Oeconomica

Pragensia, 22(6), 51–65, https://doi.org/10.18267/j.aop.458

Rencher, A. C., Christensen, W. F. (2012). Methods of Multivariate Analysis. New Jersey: John

Wiley & Sons. ISBN 978-0470178966.

Wiczer, D., Eubanks, J. D. (2014). Are Wages and the Unemployment Rate Correlated? St. Louis:

Federal Reserve Bank. Dostupné z: https://www.stlouisfed.org/on-the-economy/2014/


Šimpach, O. (2013). Application of Cluster Analysis on the Demographic Development

of Municipalities in the Districts of Liberecky Region. Příspěvek prezentovaný na konferenci

The 7th International Days of Statistics and Economics (MSED 2013) [online] Praha

19.09.2013–21.09.2013, 1390–1399. Dostupné z: https://msed.vse.cz/files/2013/56-


An Economic Sense (2015). Why Wages Have Stagnated While GDP Has Grown: The Proximate

Factors. An Economic Sense. Dostupné z: https://aneconomicsense.org/2015/02/13/

why-wages-have-stagnated-while-gdp-has-grown-the-proximate-factors (Blog

ve vědeckém článku nelze)

Zaidi, M. A. (1969). The Determinants of Money Wage Rate Changes and Unemployment-

Inflation “Trade-Offs” in Canada. International Economic Review, 10(2), 207–219,


Žítek, V., Kunc, J., Tonev, P. (2006). Vybrané indikátory regionální konkurenceschopnosti a jejich

vývoj. Brno Working Paper No. 21/2006. Dostupné z: https://is.muni.cz/do/econ/soubory/