Research Article
The Cyclical Behaviour of Real Wages: Evidence from Australia
Table 4
OLS estimates of (
2), when
| | | | |
| | −0.146 | −0.113 | −0.022 | | (−1.850) | (−1.594) | (0.424) | | 0.025 | −0.013 | −0.064 | | (2.136) | (2.916) | (3.757) | | 0.949 | 1.021 | 1.011 | | (3.156) | (4.175) | (3.475) |
| | 0.9607 | 0.9603 | 0.9590 | | 1.965 | 0.423 | 0.063 | | 2.846 | 0.9205 | 2.610 | | 4.552 | 1.113 | 1.792 | | 3.012 | 1.920 | 1.328 |
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