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elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010379275
elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010380515
elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010366933
concerned with the distribution of wages, earnings or income and have been performed by different strands in the literature … product of hourly wages and labor supply in terms of hours and weeks worked. In addition to inequality in labor market …
Persistent link: https://www.econbiz.de/10010390073
that results are very sensitive to the treatment of hourly wages in the estimation. For example, different (sensible …) choices concerning the modeling of the underlying wage distribution and especially the imputation of (missing) wages lead to …
Persistent link: https://www.econbiz.de/10011813227
that results are very sensitive to the treatment of hourly wages in the estimation. For example, different (sensible …) choices concerning the modeling of the underlying wage distribution and especially the imputation of (missing) wages lead to …
Persistent link: https://www.econbiz.de/10011820320
Persistent link: https://www.econbiz.de/10001672508
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010238353
Persistent link: https://www.econbiz.de/10010222454
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010250050