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. Building on 942 elasticity estimates from 105 different studies, we identify sources of variation in the absolute value of this … elasticity. Heterogeneity due to the theoretical and empirical specification of the labor demand model, different datasets used … evidence for the presence of publication selection bias, as estimates of the own-wage elasticity of labor demand are upwardly …
Persistent link: https://www.econbiz.de/10010249633
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 … between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests …
Persistent link: https://www.econbiz.de/10010366933
finding is especially strong on the extensive margin where the elasticity for a wage decrease is twice that for a wage …
Persistent link: https://www.econbiz.de/10011418892
provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich … extensive margins significantly increases the (absolute value of the) unconditional own-wage labor demand elasticity. This is … not only true for the average worker, but also for different skill groups. For the median firm, the elasticity is three …
Persistent link: https://www.econbiz.de/10010238353
seniority wages. This paper uses linked employeremployee data, aggregates individual seniority wages to the establishment level … paper finds that establishments with stronger seniority wages have a higher tenure but hire less older employees. …
Persistent link: https://www.econbiz.de/10003721830
a somewhat higher wage elasticity in absolute terms than medium-skilled labour. A small part of shift in demand away …
Persistent link: https://www.econbiz.de/10011444593
with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of … the workers. Accordingly, increases in union minimum wages result in a decline of residual wage dispersion and higher …
Persistent link: https://www.econbiz.de/10002590960
rates, but in the longer-term only modest effects remain due to higher wages. …
Persistent link: https://www.econbiz.de/10011439693
Persistent link: https://www.econbiz.de/10001818161
stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10011446629