between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests … elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption …

Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction …We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a …

This paper provides estimates for the Mercosur countries of the Frisch elasticity – i.e., the elasticity of … substitution between worked hours and real wages holding constant the marginal utility of wealth. We find a strong heterogeneity …

temp wage gap and post-temp earnings in Germany. Using a two-stage selection-corrected method in a panel data framework, we …

Using linked employer-employee data, this paper estimates the effect of collective bargaining coverage on wages over an … robustness checks. Joining a sectoral agreement is found always to produce higher wages, while exiting a sectoral agreement no …

18 studies using data from 20 highly developed, developing, and less developed countries document that average wages in … trade. This paper uses a large and rich set of linked employer-employee data from Germany to demonstrate that these premia …

-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … collective bargaining agreement at firm level. The point estimates for this group of plants are close to the -0.1 elasticity of … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils …

Using a representative establishment data set for Germany, we show that more than 40 percent of plants covered by … collective agreements pay wages above the level stipulated in the agreement, which gives rise to a wage cushion between the … levels of actual and contractual wages. Cross-sectional and fixed-effects estimations for the period 2001-2006 indicate that …