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The wage curve revisited: Estimates from a UK panel

  • Johnes, Geraint

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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File URL: http://www.sciencedirect.com/science/article/B6V84-4MJJBX9-4/2/4010825a337a10e15817bfd812bde9a1
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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 94 (2007)
Issue (Month): 3 (March)
Pages: 414-420

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Handle: RePEc:eee:ecolet:v:94:y:2007:i:3:p:414-420
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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