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|Longitudinal Study:||HILDA||Title:||What Would the Average Public Sector Employee be Paid in the Private Sector?||Authors:||Siminski, P||Institution:||University of Wollongong||Publication Date:||Mar-2008||Pages:||30||Keywords:||public sector
|Abstract:||This paper estimates the average Australian public sector wage premium. It includes a detailed critical review of the methods available to address this issue. The chosen approach is a quasi‐differenced panel data model, estimated by the Generalised Method of Moments, which has many advantages over other methods and has not been used before for this topic. I find a positive average public sector wage premium for both sexes. The best estimates are 6.7% for men and 10.5% for women. The estimate is statistically significant for men (p = 0.024) and for women (p < 0.001). No evidence is found to suggest that the public sector has an equalising effect on the wages of its workers.||URL:||http://www.melbourneinstitute.com/hilda||Keywords:||Finance; Finance -- Income (Salary and Wages); Employment; Employment -- Labour Markets||Research collection:||Reports and technical papers|
|Appears in Collections:||Reports|
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