Publication and Attenuation Biases in Measuring Skill Substitution

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...

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Published in:The review of economics and statistics 2024-09, Vol.106 (5), p.1187-1200
Main Authors: Havranek, Tomas, Irsova, Zuzana, Laslopova, Lubica, Zeynalova, Olesia
Format: Article
Language:English
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