RESEARCH PAPER NO. 761

WAGE FUNCTIONS: AUSTRALIAN ESTIMATES USING THE INCOME DISTRIBUTION SURVEY

by

JOHN CREEDY, ALAN S. DUNCAN, MARK N. HARRIS & ROSANNA SCUTELLA

AUGUST 2000

Department of Economics. University of Melbourne. Melbourne Victoria 3010 Australia

 

CONTENTS

  1. Introduction
  2. The Model
    1. The Selection Model
    2. The Regression Model
  3. Empirical Results
    1. The Data
    2. Selection Equations
    3. Wages Equations
  4. Wage Predictions
    1. Missing Variables for Non-Workers
  5. Conclusions

 

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