A Comparison of Wage Structures in the United States and Japan: Results from Cell Mean Regressions |
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Authors: | Yukiko Abe |
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Affiliation: | Asia University |
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Abstract: | This paper discusses three issues in estimating wage regressions by using the aggregated data from the Japanese Basic Survey of Wage Structure (BSWS). The issues include: (1) the order of taking averages and logs, (2) the usage of differently aggregated tables in the BSWS, (3) the treatment of the bonus variable for workers who have just joined a firm. To address them, I present regression results from the US Current Population Survey (CPS). I find that using differently aggregated tables sometimes affects the estimates significantly. I also present the results from wage regressions from the differently aggregated BSWS data. JEL Classification Number: J30. |
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