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A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled labor. We question the common view that the elasticity exceeds 1. Two biases, publication and attenuation, conspire to pull the mean elasticity reported in the literature to 1.9....
Persistent link: https://www.econbiz.de/10012262435
One of the most frequently examined relationships in education economics is the impact of tuition increases on the demand for higher education. We provide a quantitative synthesis of 443 estimates of this effect reported in 43 studies. While large negative estimates dominate the literature, we...
Persistent link: https://www.econbiz.de/10011787305
A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled labor. We question the common view that the elasticity exceeds 1. Two biases, publication and attenuation, conspire to pull the mean elasticity reported in the literature to 1.9....
Persistent link: https://www.econbiz.de/10012271825
One of the most frequently examined relationships in education economics is the impact of tuition increases on the demand for higher education. We provide a quantitative synthesis of 443 estimates of this effect reported in 43 studies. While large negative estimates dominate the literature, we...
Persistent link: https://www.econbiz.de/10011716625
Persistent link: https://www.econbiz.de/10011969498
Persistent link: https://www.econbiz.de/10015072831
Persistent link: https://www.econbiz.de/10012421680
A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled labor. We question the common view that the elasticity exceeds 1. Two biases, publication and attenuation, conspire to pull the mean elasticity reported in the literature to 1.9....
Persistent link: https://www.econbiz.de/10012389288
A key parameter estimated by lab and field experiments in economics is the individual discount rate---and the results vary widely. We examine the extent to which this variance can be attributed to observable differences in methods, subject pools, and potential publication bias. To address the...
Persistent link: https://www.econbiz.de/10011988654
A key parameter in international economics is the elasticity of substitution between domestic and foreign goods, also called the Armington elasticity. Yet estimates vary widely. We collect 3,524 reported estimates of the elasticity, construct 34 variables that reflect the context in which...
Persistent link: https://www.econbiz.de/10012027065