The wage curve revisited: estimates from a UK panel

Panel data from the United Kingdom are used to estimate a wage curve that allows simultaneously for time, individual, and spatial effects and which thus finesses the problem of grouped data bias. Once allowance is made for the multilevel and cross-classified nature of the data, estimates of the unemployment elasticity of the wage are seen to be volatile and imprecise.

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Year of publication:	2005
Authors:	Johnes, Geraint
Institutions:	Department of Economics, Management School

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 4473
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010550720