TY  - SER
AU  - Havranek, Tomas
AU  -  Irsova, Zuzana
AU  -  Laslopova, Lubica
AU  -  Zeynalova, Olesia
TI  - Publication and Attenuation Biases in Measuring Skill Substitution
SN  - 0034-6535
PB  - The Review of Economics and Statistics
KW  -  Attenuation Biases
KW  -  Publication Bias
KW  -  Skill Substitution
KW  -  Wage Inequality
KW  - Elasticities
N2  - A key parameter in the analysis of wage inequality is the elasticity of substitution between skilled and unskilled labor. We show that the empirical literature is consistent with both publication and attenuation bias in the estimated inverse elasticities. Publication bias, which exaggerates the mean reported inverse elasticity, dominates and results in corrected inverse elasticities closer to zero than the typically published estimates. The implied mean elasticity is 4, with a lower bound of 2. Elasticities are smaller for developing countries. To derive these results, we use nonlinear tests for publication bias and model averaging techniques that account for model uncertainty
UR  - https://doi.org/10.1162/rest_a_01227
ER  -