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The wage curve revisited: Estimates from a UK panel

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  • Johnes, Geraint

Abstract

Panel data from the United Kingdom are used to estimate a wage curve that allows simultaneously for time, individual, and spatial effects and which thus finesses the problem of grouped data bias. Once allowance is made for the multilevel and cross-classified nature of the data, estimates of the unemployment elasticity of the wage are seen to be volatile and imprecise.
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  • Johnes, Geraint, 2007. "The wage curve revisited: Estimates from a UK panel," Economics Letters, Elsevier, vol. 94(3), pages 414-420, March.
  • Handle: RePEc:eee:ecolet:v:94:y:2007:i:3:p:414-420
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    Cited by:

    1. Roberto Bande Ramudo & Melchor Fernández Fernández & Víctor Montuenga Gómez, 2011. "Wage flexibility and local labour markets: homogeneity of the wage curve in Spain," Documentos de trabajo - Analise Economica 0044, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    2. Ramos, Raul & Duque, Juan C. & Surinach, Jordi, 2010. "Is the wage curve formal or informal? Evidence for Colombia," Economics Letters, Elsevier, vol. 109(2), pages 63-65, November.
    3. Uwe Blien & Stefan Fuchs & Georg Hirte, 2013. "New advances in the analysis of regional labour markets," Papers in Regional Science, Wiley Blackwell, vol. 92(2), pages 243-248, June.
    4. Simonetta Longhi, 2012. "Job Competition and the Wage Curve," Regional Studies, Taylor & Francis Journals, vol. 46(5), pages 611-620, August.
    5. Bernard FINGLETON & Silvia PALOMBI, 2013. "The Wage Curve Reconsidered: Is It Truly An 'Empirical Law Of Economics'?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 38, pages 49-92.
    6. Bergantino, Angela Stefania & Madio, Leonardo, 2016. "Travel-to-work. Which factors matter? An analysis on regional labor markets in the Uk," Working Papers 16_1, SIET Società Italiana di Economia dei Trasporti e della Logistica.
    7. Angela Stefania Bergantino & Leonardo Madio, 2015. "The Travel-to-work. Which factors matter? An analysis on regional labor market in UK," ERSA conference papers ersa15p888, European Regional Science Association.
    8. repec:eee:enepol:v:108:y:2017:i:c:p:715-730 is not listed on IDEAS
    9. Hynninen, Sanna-Mari, 2009. "Is there a wage curve for the highly educated?," ISER Working Paper Series 2009-17, Institute for Social and Economic Research.

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