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taxes and benefits non linear wage equation pdf
... that the tax wedge exerts no long-term influence on wage costs. table 1 estimates of the replacement rate elasticity in wage equations study country estimate minford (1983) united kingdom 0.6 layard ... review, vol. 31, pp. 1581-96 manning, a., 1993, wage bargaining and the phillips curve the identification and specifi- cation of aggregate wage equations, the economic journal, vol. 103, pp. 98-118. ...
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why do macro wage elasticities diverge meta analysis pdf
... year in period wage bargaining and union density economic theory suggests that wage equations derived from or based on a theoretical wage bargaining model may differ from equations in other ... the estimated wage equations by number of included elasticities from the set uycmasqa ,,,,,,, 111 --+ . almost 25% of all equations include at most desired elasticities, but only 2 wage equations include all ...
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