ID | 141343 |
Title Proper | Analysis of the determinants of wage and salary differentials in Bangladesh |
Language | ENG |
Author | Kazi Abrar Hossain ; Hossain , Kazi Abrar ; Haque, Sharjil Muktafi ; Haque, A K Enamul |
Summary / Abstract (Note) | The Gini Index suggests that income inequality is a highly prevalent phenomenon in Southeast Asia (The World Bank, 2012a). As Zaman and Akita (2012) points out, differentials in income is especially prominent in Bangladesh. Our article investigates which factors create differentials in income in Bangladesh. Using data from the Household Income Expenditure Survey published by the Bangladesh Bureau of Statistics, we estimated two separate models—one for daily wage and one for annual salary. We found that education, age (which was used as a proxy for labour market experience), gender and place of work significantly brought about differentials in daily wage rates. We also observed that all four of the above variables, along with different types of occupations, caused differentials in annual salary. We conclude by making several policy recommendations to address these findings. |
`In' analytical Note | South Asia Economic Journal Vol. 16, No.2; Sep 2015: p.295-308 |
Journal Source | South Asia Economic Journal 2015-12 16, 2 |
Key Words | Bangladesh ; Labour market ; Income Disparity ; Gender Disparity ; determinants of Wage Differential ; Age-Earnings Relationship ; Household Income Expenditure Survey |