Estimates of wage curves for western Germany using a generalised variance-component model
Abstract
"In the paper, for the first time in western Germany, estimates of the wage curve are presented using individual panel data. Therefore, it is possible to control for the influence of individual unobserved heterogeneity on the estimation of the wage curve. The relationship between regional wages and the regional unemployment rate diminishes clearly if this is done. Furthermore, panel data makes it possible to control for unobserved regional effects through a specific variance component in the equation to be estimated. The results point to regional effects of a quite remarkable size." (Author's abstract, IAB-Doku) ((en))
Cite article
Rendtel, U. & Schwarze, J. (1996): Schätzungen von Lohnkurven für Westdeutschland mit einem verallgemeinerten Varianz-Komponenten-Modell. In: Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Vol. 29, No. 3, p. 491-493.