Submitted manuscript, 137 KB, PDF document
Research output: Working paper
Research output: Working paper
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TY - UNPB
T1 - The wage curve revisited: estimates from a UK panel
AU - Johnes, G
PY - 2005
Y1 - 2005
N2 - 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.
AB - 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.
KW - wage curve
KW - panel data
M3 - Working paper
T3 - Economics Working Paper Series
BT - The wage curve revisited: estimates from a UK panel
PB - The Department of Economics
CY - Lancaster University
ER -