The wage curve revisited: estimates from a UK panel

No 573979, Working Papers from Lancaster University Management School, Economics Department

Abstract: 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.

Keywords: wage curve; panel data (search for similar items in EconPapers)
Date: 2005
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Related works:
Journal Article: The wage curve revisited: Estimates from a UK panel (2007)
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