Dagsvik, John K.; Strøm, Steinar; Locatelli Biey, Marilena - 2013
preferences, this is not so in the case of random utility models. Note that since the non-labor income elasticity is negative the … Slutsky equation implies that the compensated wage elasticity is higher than the uncompensated one. With a random utility … model we show empirically that in many cases the uncompensated wage elasticity is in fact the highest one. …