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Human capital in the public sector in terms of wages and return on investment in tertiary education and its comparison with the private sector
 Ernegrová, Blanka ; Urbánek, Václav (advisor) ; Krebs, Vojtěch (referee) ; Široký, Jan (referee)
The aim of this dissertation thesis is an analysis and comparison of the wages and the wage differentials between public and private sectors in the Czech Republic for the years 2008 and 2009, including an analysis of influence of the individual factors (education, length of experience, age and region) on the level of wages in public and private sectors and how the wage differentials affect the size of wage differentials between workers with tertiary and secondary education and the private rate of return on investment in education in the public and private sectors. The thesis is divided into three chapters. The first chapter provides an overview of economic theories and research on human capital, wage differentials and the private rate of return on investment in education. The second chapter is focused on analysis and comparison of the public and private sectors wages for the years 2008 a 2009 using descriptive statistics, the ANOVA analysis, Tukey's multiple comparison and regression analysis. The third chapter is concentrated on the calculation of wage differentials and on the calculation of private rate of return to investment in education of public and private sector using Mincer equation and Elaborated method. The result of this dissertation thesis is the finding that the influence of individual factors on the level of wages in the public sector is different from the private sector and that the private rate of return to investment in tertiary education in the public sector is smaller than in the private sector.
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