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Title: How Well Does a Dynamic Mincer Equation Fit NLSY Data? Evidence Based on a Simple Wage-Bargaining Model
Resulting in 1 citation.
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Andini, Corrado |
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How Well Does a Dynamic Mincer Equation Fit NLSY Data? Evidence Based on a Simple Wage-Bargaining Model Empirical Economics 44,3 (June 2013): 1519-1543. Also: http://link.springer.com/article/10.1007/s00181-012-0581-5 Cohort(s): NLSY79 Publisher: Springer Keyword(s): Modeling; Statistical Analysis; Unemployment Compensation; Wages Permission to reprint the abstract has not been received from the publisher. This article argues that a dynamic Mincer equation can be seen as the solution of a simple wage-bargaining model between a worker and an employer where the unemployment-benefit level, affecting the outside option of the worker, depends on past wages. Further, it shows that this model provides a good fit of the US National Longitudinal Survey of Youth data. The evidence is robust to a number of sensitivity checks. |
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Bibliography Citation
Andini, Corrado. "How Well Does a Dynamic Mincer Equation Fit NLSY Data? Evidence Based on a Simple Wage-Bargaining Model." Empirical Economics 44,3 (June 2013): 1519-1543.
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