TY  - RPRT
        AU  - Clark, Ken
AU  - Kanellopoulos, Nick
        TI  - Low Pay Persistence in European Countries
        PY  - 2009/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4183
        UR  - https://www.iza.org/index.php/publications/dp4183
        AB  - Using panel data for twelve European countries over the period 1994-2001 we estimate the extent of state dependence in low pay. Controlling for observable and unobservable heterogeneity as well as the endogeneity of initial conditions we find positive, statistically significant state dependence in every single country. The magnitude of this effect varies by country, however this variation is not systematically related to labour market institutions.
        KW  - initial conditions
KW  - state dependence
KW  - low pay persistence
KW  - low pay
KW  - dynamic random effects probit models
        ER  -