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Downward nominal wage flexibility : real or measurement error?
Gottschalk, Peter (contributor) - 2004 - [Elektronische Ressource]
This paper presents a new method to correct for measurement error in wage data and applies this method to address an … a cut in nominal wages is substantially overstated in data that is not corrected for measurement error. …
Persistent link: https://www.econbiz.de/10002429509
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Downward nominal-wage flexibility : real or measurement error?
Gottschalk, Peter - In: The review of economics and statistics 87 (2005) 3, pp. 556-568
Persistent link: https://www.econbiz.de/10003086496
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Downward Nominal Wage Flexibility : Real or Measurement Error?
Gottschalk, Peter - 2004
This paper presents a new method to correct for measurement error in wage data and applies this method to address an … a cut in nominal wages is substantially overstated in data that is not corrected for measurement error. …
Persistent link: https://www.econbiz.de/10010262069
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Measurement error in minimum wage evaluations using survey data
Bossler, Mario; Westermeier, Christian - 2020
We assess the role of measurement error in minimum wage evaluations when the treatment variable - the bite - is … measurement error derived from a record linkage of survey wages and administrative data. On the individual-level treatment effects …, measurement error can cause upward biased treatment effects. Besides aggregation, we discuss two possible remedies: the use of a …
Persistent link: https://www.econbiz.de/10012199458
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Downward Wage Rigidity, Corporate Investment, and Firm Value
Cho, DuckKi - 2018
Firms reduce investment when facing downward wage rigidity (DWR), the inability or unwillingness to adjust wages downward. I construct DWR measures and exploit staggered state-level changes in minimum wage laws as an exogenous variation in DWR to document this fact. Following a one standard...
Persistent link: https://www.econbiz.de/10012935544
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Minimum wage or negative income tax : why skilled workers may favor wage rigidities
Bacache-Beauvallet, Maya (contributor);  … - 2005
This article studies the political choice over the extent and the means of income redistribution between high and low skilled workers. Redistributive tools encompass fiscal transfers with negative income tax and minimum wage. Using fiscal instruments only is assumed optimal. We show that high...
Persistent link: https://www.econbiz.de/10002764234
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Minimum Wage or Negative Income Tax : Why Skilled Workers May Favor Wage Rigidities
Bacache-Beauvallet, Maya; Lehmann, Etienne - 2021
This article studies the political choice over the extent and the means of income redistribution between high and low skilled workers. Redistributive tools encompass fiscal transfers with negative income tax and minimum wage. Using fiscal instruments only is assumed optimal. We show that high...
Persistent link: https://www.econbiz.de/10013318571
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Macroeconomic Policy, Wage Setting, and Employment--What Difference Does the Emu Make?
Calmfors, Lars - 1999
The likely impact of the EMU on the variability and level of employment is analyzed. The major conclusions are as follows: (i) Although an inflation-target regime will constrain monetary policy of a non-participant in the EMU, it still leaves considerable scope for exchange-rate changes in the...
Persistent link: https://www.econbiz.de/10014208221
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Measurement error in education and growth regressions
Portela, Miguel; Alessie, Rob; Teulings, Coen N. - In: The Scandinavian journal of economics 112 (2010) 3, pp. 618-639
Persistent link: https://www.econbiz.de/10008826219