000 01451nas a2200241Ia 4500
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022 _a0034-6535
100 _aHavranek, Tomas
_9123763
245 0 _aPublication and Attenuation Biases in Measuring Skill Substitution
260 _bThe Review of Economics and Statistics
260 _c2024
300 _a1187-1200
520 _aA 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.
650 _a Attenuation Biases
_9123764
650 _a Publication Bias
_9123765
650 _a Skill Substitution
_9123766
650 _a Wage Inequality
_9105705
650 _aElasticities
_9113851
700 _a Irsova, Zuzana
_9123767
700 _a Laslopova, Lubica
_9123768
700 _a Zeynalova, Olesia
_9123769
856 _uhttps://doi.org/10.1162/rest_a_01227
999 _c134590
_d134590