Haefke, Christian; Sonntag, Marcus; van Rens, Thijs - Institute for the Study of Labor (IZA) - 2008
seems to point against it.6 To
our knowledge, this paper is the �rst attempt to construct data on the aggregate wage
for …. To our knowledge, Devereux
(2001) is the most recent paper with estimates comparable to ours from the PSID. Devereux and … smaller e�ect on the elasticity. To our knowledge, this result is new. Whereas the
importance of composition bias was well …