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A Simple Solution to the Identification Problem in Detailed Wage Decompositions

Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2003

Oaxaca and Ransom (1999) show that a detailed decomposition of the coefficients effect is destined to suffer from an identification problem since the detailed coefficients effect attributed to a dummy variable is not invariant to the choice of reference groups. It turns out that the...

Persistent link: https://www.econbiz.de/10005822487

Normalized Equation and Decomposition Analysis: Computation and Inference

Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2005

algorithm for obtaining the normalized regression and applying it to the Oaxaca decomposition. This resolves the invariance …

Persistent link: https://www.econbiz.de/10005763551

Revisiting Inter-Industry Wage Differentials and the Gender Wage Gap: An Identification Problem

Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2006

We propose a measure of the industrial gender wage gap which is free from an identification problem by using inter-industry wage differentials, or industrial wage premia. We draw on a recent literature showing that a normalized regression equation can be used to resolve the identification...

Persistent link: https://www.econbiz.de/10005703593

Exports and Labour Demand: Searching for Functional Structure in Multi-Output Multi-Skill Technologies

Koebel, Bertrand M. - Institute for the Study of Labor (IZA) - 2005

after separability being imposed. The empirical findings of the exact approach to aggregation are found to be rather …

Persistent link: https://www.econbiz.de/10005822473

Employment Fluctuations and Dynamics of the Aggregate Average Wage in Poland 1996-2003

Myck, Michal; Morawski, Leszek; Mycielski, Jerzy - Institute for the Study of Labor (IZA) - 2006

The aggregate average wage is often used as an indicator of economic performance and welfare, and as such often serves as a benchmark for changes in the generosity of public transfers and for wage negotiations. Yet if economies experience a high degree of (nonrandom) fluctuation in employment...

Persistent link: https://www.econbiz.de/10005822741

Aggregation without the Aggravation? Nonparametric Analysis of the Representative Consumer

Cherchye, Laurens; Crawford, Ian; De Rock, Bram; … - Institute for the Study of Labor (IZA) - 2011

In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily...

Persistent link: https://www.econbiz.de/10009416928

Aggregation and Labor Supply Elasticities

Kneip, Alois; Merz, Monika; Storjohann, Lidia - Institute for the Study of Labor (IZA) - 2013

statistical aggregation procedure which allows for worker heterogeneity in observables and unobservables and is applicable to an …

Persistent link: https://www.econbiz.de/10010702016

Unemployment and Mortality: Evidence from the PSID

Halliday, Timothy J. - Institute for the Study of Labor (IZA) - 2013

In this paper, we use the death file from the Panel Study of Income Dynamics to investigate the relationship between county-level unemployment rates and mortality risk. After partialling out important confounding factors including baseline health status as well as state and industry fixed...

Persistent link: https://www.econbiz.de/10011096070

Aggregation in Large Dynamic Panels

Pesaran, Hashem; Chudik, Alexander - Institute for the Study of Labor (IZA) - 2011

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which ‘observed’ inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …

Persistent link: https://www.econbiz.de/10008839293

Real Options Effects on Employment: Does Exchange Rate Uncertainty Matter for Aggregation?

Belke, Ansgar; Göcke, Matthias - Institute for the Study of Labor (IZA) - 2004

exchange rate uncertainty. Based on this micro foundation an aggregation approach is presented. Under uncertainty, intervals of … where the aggregation of microeconomic real options effects under uncertainty are relevant, they may even be of a more …

Persistent link: https://www.econbiz.de/10005763606