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Wages My wage variable (hwage) is the gross hourly pay.
The data appendix also outlines how we construct the key wage variable.
The real wage variable is defined as monthly real wages in Turkish Liras (TL).
In this case, the coefficient on the wage variable was always positive in both the OLS and instrumental variables specifications.
The main wage variable, the total wage bill, is deflated to 1987 dollars using CPI from Bureau of Labor Statistics.
We also find positive but milder effects of the one-year lagged minimum wage variable on the average wage nationwide.
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The living wage variables are averaged over months in a year.
I use the CPI weights supplied by IPUMS to inflate all wage variables to 1999 dollars.
For wages, the estimated effects of the overall living wage and the two separate living wage variables are all positive but statistically insignificant, and the estimate for business assistance living wage laws – which was larger and statistically significant in the previous analyses – declines.
What makes Table 2 particularly interesting is that one could argue that the conditioning model and the secondary analyst's model are not (particularly) congenial, as the log(wages) variable was not included in conditioning for the PVs.
The coefficient on the wage bill variable is always positive and significant.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com