Sampling errors and the substitution between white-collar and blue-collar workers
W. H. J. Hassink,
R. D. Huigen and
Kees Zeelenberg
Applied Economics Letters, 1994, vol. 1, issue 10, 164-166
Abstract:
The consequences of sampling errors in estimating a simple labour demand model, using panel data of firms is discussed. It is found that the sampling errors of the variables at the firm-level due to the sampling process at the employee-level, have a substantial influence on the estimates of the elasticity of substitution between white-collar and blue-collar workers. It is shown that because of the large noise-to-signal ratio of the explanatory variable no evidence of substitution can be found.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:1:y:1994:i:10:p:164-166
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DOI: 10.1080/135048594357925
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