Estimation of wage equations in Australia: allowing for censored observations of labour supply
Citations
Altmetric
Author
Kalb, G. R.; Scutella, R.Date
2002-05Affiliation
Economics and Commerce: Melbourne Institute of Applied Economic and Social ResearchMetadata
Show full item recordDocument Type
PreprintCitations
Kalb, G. R. and Scutella, R. (2002) Estimation of wage equations in Australia: allowing for censored observations of labour supply.Access Status
Open AccessAbstract
This paper presents results for five separately estimated sets of participation and wage equations. The Australian working-age population is divided into sole parents, single men, single women, married men and married women. The approach in this paper takes the censoring of labour supply observations at 50 hours per week into account. The results for the wage equations are as anticipated with education, work experience and age increasing the expected wage. As expected, allowing for the censoring of labour supply reduces the predicted wage levels, particularly for married men who are most likely to work 50 hours or more.
Keywords
wages; labour supplyExport Reference in RIS Format
Endnote
- Click on "Export Reference in RIS Format" and choose "open with... Endnote".
Refworks
- Click on "Export Reference in RIS Format". Login to Refworks, go to References => Import References