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measurement error and for measurement error that is correlated with true hours and wages. I find almost no correlation between …Problems with measurement error have led many researchers to criticize panel data studies of intertemporal labor supply …. In this study I address the measurement error problems explicitly. I estimate the properties of measurement error in the …
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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. …
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different wage groups. Yet, surprisingly constant wage elasticity estimates are maintained within certain wage groups over time …. In addition to those constant wage elasticity estimates, we find that the composition of working women into different … wage groups has changed considerably, resulting in shrinking wage elasticity estimates at the aggregate level. These …
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