Fig. 2

Funnel Plots. The figure shows funnel plots to examine publication bias regarding own-wage elasticities of labor demand from the German labor market. Specifically, the figures plot point estimates of own-wage elasticities of labor demand against the underlying (inverse of the squared) standard error. In the absence of publication bias, low-precision estimates are supposed to be widely dispersed. The graphs are truncated at the axis edges. In Panel b, the blue funnel indicates the 10% significance level (t\(\,=\pm 1.64\)). Source: Own illustration