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why do macro wage elasticities diverge meta analysis pdf
... variables and restrictions on estimated coefficients all have their impact on estimated elasticities. short-term values of elasticities of payroll and income ... estimated elasticities? and second, if so, does it matter whether relevant coefficients have been estimated under restrictions? 25 figure 4.1 classification of reported wage equations by number of elasticities number of elasticities ...
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Microsoft Word - discussion_demooij.doc
... a sample of 239 elasticities drawn from 32 empirical studies in the literature. then, we explore the systematic impact of study characteristics on the estimated elasticities. one interesting finding ... information on standard errors of the estimated elasticities. yet, it is impossible to retrieve consistent estimates of standard errors of as long as the estimated covariance matrix for is unknown. ...
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