000 | 01451nas a2200241Ia 4500 | ||
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008 | 241128c99999999xx |||||||||||| ||und|| | ||
022 | _a0034-6535 | ||
100 |
_aHavranek, Tomas _9123763 |
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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 |
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650 |
_a Publication Bias _9123765 |
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650 |
_a Skill Substitution _9123766 |
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650 |
_a Wage Inequality _9105705 |
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650 |
_aElasticities _9113851 |
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700 |
_a Irsova, Zuzana _9123767 |
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700 |
_a Laslopova, Lubica _9123768 |
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700 |
_a Zeynalova, Olesia _9123769 |
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856 | _uhttps://doi.org/10.1162/rest_a_01227 | ||
999 |
_c134590 _d134590 |