Low wages/ how to prevent measurement bias
I'd be interested to know why wages (i.e. the variable paygu_dv) is very low for many observations despite work hours (i.e. jbhrs) being high and the occupation being white collar (e.g. ISCO-88 100-400)? An extreme example would be someone with paygu_dv==0.08, jbhrs==80 and jbisco88_cc==122. I am wondering whether those observations are individuals who did not want to indicate their true wages and whether there is a way to treat those observations to avoid bias in my analysis?
Thanks and best