Template-Type: ReDIF-Paper 1.0 Author-Name: G Johnes Author-Name-First: G Author-Name-Last: Johnes Title: The wage curve revisited: estimates from a UK panel Abstract: Panel data from the United Kingdom are used to estimate a wage curve that allows simultaneously for time, individual, and spatial effects and which thus finesses the problem of grouped data bias. Once allowance is made for the multilevel and cross-classified nature of the data, estimates of the unemployment elasticity of the wage are seen to be volatile and imprecise. Creation-Date: 2005 File-URL: http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/WageCurve.pdf File-Format: application/pdf Number: 573979 Classification-JEL: Keywords: wage curve, panel data Handle: RePEc:lan:wpaper:573979