The Fallacy of Composition Bias in the RealWage Cyclicality Puzzle
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References listed on IDEAS
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More about this item
KeywordsAggregate Real Wage Index; Endogenous Selection; Composition Bias; Wage Dispersion;
- C34 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Truncated and Censored Models; Switching Regression Models
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-09 (All new papers)
- NEP-LAB-2011-10-09 (Labour Economics)
- NEP-LMA-2011-10-09 (Labor Markets - Supply, Demand, & Wages)
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