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associated with a significantly lower estimate for the income effect, whereas controlling for endogeneity bias delivers … significantly higher estimates. This points to a negative bias in the OLS estimate, and thus approves previous literature's findings …. Capturing endogeneity appears to be essential in studies on life satisfaction. The negative bias apparently is highest for the …
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associated with a significantly lower estimate for the income effect, whereas controlling for endogeneity bias delivers … significantly higher estimates. This points to a negative bias in the OLS estimate, and thus approves previous literature's findings …. Capturing endogeneity appears to be essential in studies on life satisfaction. The negative bias apparently is highest for the …
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In this paper the extensive empirical literature on the gender wage gap is reviewed with particular attention given to the identification of the key parameters in the specified human capital wage regression models. This aspect has been of great importance in the literature chiefly for two...
Persistent link: https://www.econbiz.de/10011336850